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 Okay, so our Comcast rates are going up and the company is laying off 300 people. (Nice timing, whoever managed to get that puff piece to run the same day as the layoffs.)
But let’s be clear: There is an upside. They’re rolling out faster Internet. And, oh my, am I salivating:
Comcast Corp. said Wednesday it will begin rolling out “wideband” Internet services, which will allow subscribers to download data at up to 50 megabits per second.
The Philadelphia-based cable TV, Internet, phone and media company expects the services will be available to nearly 10 million customers in 10 major markets in the next few months.
Comcast (NASDAQ:CMCSA,CMCSK) is introducing two new tiers of Internet service each for its business and residential customers. The fastest will have download/upload speeds of 50 mbps/10mbps; the other will have speeds of 22mbps/5mbps.
Hey, look, Verizon FiOS had a 50/5 connection in early 2007, although it did cost like a million billion dollars. Still, I guess I’ll take what I can get. Here’s to quicker browsing!
Also: How the hell does Comcast’s 250 gig bandwidth cap jive with speeds of 50/10? Hmm, the more I think about this, the worse it gets. I’ll just smile, nod and forget about it now, then.
Comcast increases Internet speed [Phila. Business Journal]
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