NEW YORK -- Verizon’s High Speed Internet entered a new realm on Monday (Aug. 30) with the introduction of a 10 to 15 megabits-per-second (Mbps) downstream and 1 Mbps upstream* service initially available to more than 4 million households and small businesses.

“Consumers and small businesses everywhere have a need for speed,” said Shawn Strickland, Verizon’s vice president of consumer strategy. “With our new 10 to 15 Mbps speed tier, downloading files, photos and other content will be faster, plus our High Speed Internet customers will have peace of mind because our service is backed by a 30-day money-back guarantee policy.”

The new 10 to 15 Mbps speed tier is the latest addition to Verizon’s existing suite of High Speed Internet speeds – 4 to 7 Mbps, 1.5 to 3 Mbps and 768 kilobits per second to 1 Mbps downstream for consumers, as well as similar business packages. All HSI services include a dedicated connection to the home or business over the company’s copper network, so service won’t slow down when neighbors are online at the same time.

“This new, faster Verizon High Speed Internet service has the potential to attract business and residential customers who value the affordability, reliability, and everyday performance of their broadband connection,” said Amy Lind, consumer broadband research manager for the global technology market intelligence firm IDC.

Verizon Communications Inc. (NYSE: VZ)