Verizon Branches Out With Expensive Online Storage

Updated: Verizon (s VZ) is following the herd with an improved broadband backup and sharing product for home PCs announced today. Just drag and drop your files into a folder on your PC, and Verizon will store them online for you — no matter who provides your broadband. New features also include sharing among selected friends. The first 250 MB is free, but it will cost $30.99 a month for 50 GB.

I’ll applaud Verizon for trying to get more revenue from broadband subscribers (even other companies’) by offering a service rather than capping bandwidth or selling customers’ data, but that’s pricey. Verizon is reselling storage from DigiData. Providers such as and SugarSync have similar services for less. Dropbox offers 50 GB for $99 a year or $9.99 a month, and SugarSync charges $9.99 a month for 60 Gb or $99.99 a year. Update: And if you’re looking for backup only, get Carbonite — unlimited storage for $49.95 a year ($4.16 a month), or Mozy for $4.95 a month.