Comcast Says to Double Net Speed by End of Year

[John Corn]

NEW YORK (Reuters) - Comcast Corp. (Nasdaq:CMCSA - news), the largest U.S. cable operator, on Monday said it planned to double the downloading capability of its high-speed Internet service by the end of this year to distinguish its product from competitors.

"Our job No. 1 is increasing speed -- increasing from 1.5 megabits (per second) downstream to 3 megabits (per second) downstream," said Steve Burke, president of Comcast's cable division, at a Morgan Stanley media conference in Boston.

http://story.news.yahoo.com/news?tmpl=story&cid=575&e=13&u=/nm/media_comcast_morganstanley_dc

 

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