NEW YORK, June 18 (Reuters) - Verizon Communications is halving the price of its fastest Internet speed as it introduces a service that has double the speed, amping up competition with its cable arch rivals such as Comcast Corp , Time Warner Cable and Cablevision Systems Corp.

Read more http://feeds.reuters.com/~r/reuters/companyNews/~3/sME_IeI1l6U/verizon-fios-idUSL1E8HFH7F20120618