Comcast Unveils $300 'Platinum' Internet
Service aims to compete with top Verizon offering
By Kevin Spak,  Newser Staff
Posted Jul 25, 2012 11:58 AM CDT
This Feb. 13, 2012 photo, shows Comcast service vehicles parked at a Comcast facility in Pittsburgh.   (AP Photo/Gene J. Puskar)

(Newser) – Is your Internet fast enough? And more importantly, does it cost enough? Well Comcast is looking to make sure the answer to both questions is "yes." It's rolling out a new "Xfinity Platinum" Internet service that boasts a top advertised speed of 305 megabits per second—for the low low price of $299.95 per month, Bloomberg reports. The move is obviously an attempt to keep pace with Verizon's FiOS service, which tops out at 300Mbps for $204.99 a month.

"Presumably, if Verizon FiOS offered speeds of 310Mbps, Comcast would have gone with 315," quips Jon Brodkin of Ars Technica. Still, he notes that Verizon may still be faster; FCC tests show that FiOS speeds are generally about 20% above what's advertised, compared to 3% for Comcast. The new service will only be available in select markets, almost all of them in the Northeast, where FiOS is popular. There's also good news for less-wealthy Comcast subscribers: its existing tiers are doubling in speed.