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Verizon Introduces 4G LTE-Based Broadband Service

On Tuesday, Verizon Wireless introduced HomeFusion Broadband, an in-home internet service that will be ideal for consumers residing in rural areas. Using Verizon's 4G LTE wireless network, the new service doesn't come cheap, as subscribers are required to pay a one-time $199.99 equipment fee and a starting price of $59.99 per month for 10 GB of data.

"HomeFusion Broadband is just one of the new products and services that is made possible with our 4G LTE network," said Tami Erwin, vice president and chief marketing officer, Verizon Wireless. "Customers want to connect more and more devices in their homes to the Internet, and HomeFusion Broadband gives them a simple, fast and effective way to bring the most advanced wireless connection from Verizon into their homes."

The equipment includes a "professionally-installed" cylinder-shaped antenna which transmits the 4G LTE signal to a broadband router inside the home. This router can connect up to four wired and at least 20 wireless devices inside the home using Wi-Fi, including everything from computers to gaming consoles. Yet given the costly plans for seemingly very little data allowances, consumers may want to restrict the number of devices down to one or two.

That said, Verizon states that users will have a choice of several usage-based plans, but it seems the starting package is the $59.99/10 GB plan. And for starters, HomeFusion Broadband will only be available in three markets beginning later this month -- Birmingham, Ala., Dallas and Nashville, Tenn. Additional markets will follow, Verizon said.

Verizon Wireless is working with Asurion, a trusted leader in consumer technology protection services, for installation, the company said.