Verizon may partner with Asian Companies to reduce Monthly Plans, Xfinity vs Verizon in US

Recently, with the increasing prices of internet and wireless plans, South Korean companies are also going to enter in US. Recently, Verizon bid approximately $10B USD for Frontier Communications Parent Inc. to make new ties with another American Frontier Communications company. Currently, Verizon company is bidding with Frontier Communications as well as Korean, Indian, and Israeli telecommunication companies for all its types of internet, calling, and wireless connectivity. Because recently Comcast Xfinity has provided the cheapest internet services to date which can create a lot of problems for the Verizon Company. Because the wireless monthly plan that Verizon charges $50 for is the same internet monthly plan that Comcast Xfinity offers for only about $20. Verizon’s services Approximately 91% of the population (approximately 300M+) in the US and 50% of the users use only Verizon, which means that now Verizon has realized that if its competitors like Comcast Xfinity, and Mediacom continue to offer such cheap internet plans. then About 55% of Verizon’s users can integrate with Comcast Xfinity. Verizon will strengthen its partnership with Frontier Fiber network in the future so that it can compete with Comcast Xfinity, and Mediacom in the future.

Where are most cheapest wireless Internet services in the world?

The cheapest Internet and Wireless Services in the world are in Israel, South Korea, and India, which provide 1GB of data per day for about $3 per month. But now Verizon can make all its plans cheaper by partnering with South Korean and Israeli companies for speed and wireless communication. In countries like Israel, Italy, India, France, and China, the Internet is considered to be the cheapest which will be quite profitable for American companies. Among these, the internet of South Korea and Israel gives the cheapest and best internet speed in the world. that charge you approximately $0.04 per gigabyte (GB). Currently, Xfinity Comcast internet, the cheapest internet, is becoming poor in America, just as after the arrival of Reliance Jio, in India too, the profit of many Internet companies has fallen by almost 97%. So now Verizon is also going to reduce its monthly wireless plans by about $15 USD per month in collaboration with some foreign companies. Verizon company is afraid that like Jio, Xfinity may also draw its reputation, and due to this, Verizon may lose millions of customers.