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In order to compete with Verizon Fios, Comcast has announced that it will increase Internet speeds in ten Northeast markets. Its new tier will offer download speeds of up to 305 Mbps and upload speeds of up to 65 Mbps. In case that sounded like gibberish, let me break it down for you. MBPS stands for megabits per second. Verizon’s top tier plan has download speeds of up to 300 megabits per second and costs 205 dollars per month, while Comcast’s fastest service will cost 300 dollars a month. Wondering if you need the speed? An average single user doesn’t really need more than 55 megabits. So unless you’re a family who connects to the Internet with several devices for several hours a day, you can probably skip the top speeds. Comcast also announced that if you’re a subscriber to Xfinity Blast or Xfinity Stream, your Internet speeds will be doubled at no additional cost. Looks like the Internet speed wars have begun.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.