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Jul 01, 2004 -- High-speed Web access with wireless companies

About 80 percent of people with Internet access still use a dial-up connection. The rest pay for high-speed Internet access through either the phone or cable company. Until now, the monopoly phone and cable companies have kept prices high for high-speed access, usually about $50 a month. As a result, many people say it’s just not worth it. But there is good news on the horizon, and it will happen in the next year or two. Verizon Wireless has established a high-speed network over its wireless phone system in a few cities. They will roll it out across the country by the end of the year. Sprint has just announced it will do the same thing. Sprint had no intention of rolling out its plan this year, but the company is worried about Verizon’s success. Cingular plans to join the bandwagon next year, as well. So, what will happen to price? Clark says $15 to $20 is a reasonable amount to charge, and eventually it will get down that low.

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