Comcast announced Monday that the company is boosting its 50 megabits-per-second Internet plan to 75 megabits-per-second in an effort to keep up with customer demands and compete with other Internet providers. This upgrade is at no added charge to current customers, reports the Detroit Free Press.
However, the added speed level of 150 megabits-per-second was also announced with a “yet-to-be-determined” price. Titled Gigabit Pro, this service will roll out to customers in Miami-Dade, Broward, and Palm Beach counties as well as the greater Jacksonville, Florida area first, the Miami Herald reported.
And now, the pricing has finally been revealed for the company’s new premium service. According to spokeswoman Mindy Kramer, a three year contract will run customers around $159 – and that’s with promotional deals. The activation fee of $500 “may be waived” with certain promotions and installation fees will vary.
Kramer adds that a two-year contract will run $299.95 per month. Gigabit Pro is for “consumers who want the fastest Internet connection available in the marketplace,” she said.
This product is for the most advanced digital households and consumers who want the fastest Internet connection available in the marketplace.
Wired reports that installation and activation fees for the service could be as much as $1,000, according to a pricing page on the Comcast Xfinity website.
Wired also reports a list of cities in which the service will soon be available, including Chattanooga, Atlanta, and San Francisco – all cities that currently have access to gigabit internet connections from Comcast’s competitors.
This news comes on the heels of the March announcement that Netflix entered an exclusive deal with Comcast to gain direct access to the broadband network, resulting in faster streaming.
In other news, a major breakthrough in fiber optic communications was recently achieved and it just might spell cheaper, faster Internet in the not-so-distant future.
