For $300, people in the Northeast, presumably in areas where Comcast (s cmcsa) competes with Verizon’s fiber to-the-home offering, can soon get 305 Mbps service from Comcast. Upload speeds will be 65 Mbps. The nation’s largest broadband provider unveiled its rumored “Platinum” tier on Tuesday, and also said it would double the speeds of its 25 Mbps and 50 Mbps customers at no charge.
The service is an answer to rival Verizon, which offers a 300 Mbps speed tier for $210. The pricing on Comcast’s premium tier is high, but it’s the lower tiers where Verizon (S vz) might feel the heat. Currently Verizon charges about $75 for 50 Mbps service, according to a search of its website with a Philadelphia address, while Comcast’s 25 Mbps tier now would cost roughly $30 according to its Philadelphia pricing. Both prices are introductory and involve a contract.
Comcast is launching the broadband enhancements and offerings in markets including Boston, Hartford, Conn., Philadelphia, Pittsburgh, Harrisburg, Pa., Wilmington, Del., Baltimore, Washington, D.C., Richmond, Va., and New Jersey. And yes, at 305 Mbps you will be able to reach your broadband cap that much faster if Comcast elects to keep it at 300 Mbps and in place at all speed tiers.
Update: Comcast got back to me on prices that I didn’t snag off its web site and they are markedly different. Spokesman Charlie Douglas wrote:
We’re doubling the speed of the Blast tier from 25 to 50 Mbps and the price does not change. It is $58.95/month multi-product or $72.95/month standalone. We’re also (more than) doubling Extreme 50 from 50 Mbps to 105 Mbps and the price also does not change. It is $99.95/mo multi-product or $114.95/month standalone (prices may vary by market).