Wikipedia describes Fios as a bundled home communications service, (Internet, telephone and TV) operating over a fiber-optic communications network. This means that you are using one dedicated line into your home or apartment. In the case of an apartment, you are no longer sharing cable with the rest of the tenants, therefore dealing with varying speeds depending on how many people are watching TV or accessing the Internet at the same time. In the greater NYC area, Verizon is the service provider offering a Fios package.
Is the service for you? As always, there is not a standard answer and it depends on your specific needs. Chances are that unless you are currently using a bundled package from your cable company (Time Warner, RCN, etc), you probably have separate providers for your telephone, TV and Internet.
Before making a decision, keep in mind that Verizon Fios is not available in all areas. The first step is to determine what you are spending for your current services (Internet, TV and Telephone). I recently switched from my local cable company to Verizon Fios and was able to reduce my bill for all three services by nearly 50%. I was able to keep my existing phone number, increase the number of premier TV channels and enhance my Internet access speed substantially.
As indicated above, while my result is not uncommon, the decision whether or not to switch will be based on availability, your current usage and cost.
If you are interested in finding out more about fiber optics and if this program is right for you, give me a call (917 921-4518) or send an e-mail to firstname.lastname@example.org.