Verizon getting out of home security?
It was big news in 2011 when Verizon got into home security/home automation with the launch of its Home Monitoring and Control service, which did not have a professional monitoring component. Now there’s an even bigger buzz because it has now apparently discontinued the $9.99 per month DIY product.
Verizon this past October stopped accepting new orders for the product, although it is continuing to let existing FiOS subscribers continue with it, according to the FierceCable website.
I haven’t heard back from Verizon yet, but I have some questions. Does this mean that Verizon is getting out of home security and home automation?
Or perhaps it’s just dropping home security and will offer a new stand-alone home automation product? There’s some precedent for that. I reported last year that Comcast last year was offering Xfinity Home Control, a home management package for customers who don’t want security but do want home automation. That offering is distinct from Xfinity Home Secure, a product that has professional monitoring.
It’s not clear what Verizon’s latest move portends but FierceCable did report this:
“Verizon officials suggested that the telco may introduce a new home automation product, but wouldn't say if the company is considering adopting a wireless-based approach similar to AT&T Digital Life.”
I’ll continue to follow on this story. Stay posted.