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Old 09-12-2003, 01:27 PM   #1 (permalink)
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Comcast to Double Net Speed

Comcast Says to Double Net Speed by End of Year.

Increasing from 1.5 megabits downstream to 3 megabits

http://story.news.yahoo.com/news?tmp...rganstanley_dc
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Old 09-12-2003, 01:32 PM   #2 (permalink)
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NEW YORK (Reuters) - Comcast Corp., 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.


Burke's comments mark the first time the Philadelphia-based company has placed a time frame on the plans.


Comcast has been quietly testing such a service in several of its markets, including Pittsburgh, Knoxville, and Atlanta since June.


"We're doing that probably for the whole company by later this year," Burke said.


The service nearly halves the time it takes to download web pages, video and audio, a Comcast spokeswoman said. But uploading, or the ability to send data, will remain the same at 256 kilobits per second.


Indeed Comcast is not the only company that offers higher than average speeds. Cablevision Systems Corp. (NYSE:CVC - news) users are reporting download speeds of up to 4.3 megabits per second, according to a Broadbandreports.com, which tracks the industry. Comcast users reported speeds of about 1.6 megabits per second.


Comcast's anticipated speed bump from 1.5 to 3 megabits will cut the download time for a typical 5 megabyte music file to 17 seconds, from 30 seconds, said Joe Laszlo, a senior analyst at Jupiter Research.


Comcast is hoping to lure more new and existing subscribers to its high-speed Internet service by ramping up speeds. As part of the these plans, it is also building a Web site that offers video games, video clips and eventually, the ability to communicate via video with other members.


The cable industry is aiming to fend of competitive pressures from telephone companies, which have slashed prices on its high speed products this spring.


Burke reaffirmed the company's forecasts of over 5 million cable modem (news - web sites) customers by the end of this year. At the end of the second quarter, Comcast had 4.4 million broadband customers.


Comcast shares gained 56 cents to close at $30.59 on Nasdaq.
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Old 09-13-2003, 03:20 AM   #3 (permalink)
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I love the little side note at the very end of the article showing how this was positive for the stock-brokers of the company...
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Old 09-13-2003, 03:46 AM   #4 (permalink)
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hehe I used to work for comcast, they forget to mention that they are upgrading the fiberoptics in every freaking city they service. you know what that means? outages. yeah we purposely put you out of service during all hours of whatever day we need to do the work.

And you know honestly, all the people who call hollering and yelling about it can go stick it up thier butts, I quit that job because it was a farce, I was told i was supposed to help people when I cant even tell them why thier cable is out. its stupid.
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Old 09-13-2003, 04:06 AM   #5 (permalink)
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Do you have to pay more for this 3 megabits of downstream ownage?
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Old 09-13-2003, 04:29 AM   #6 (permalink)
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Damn! I hope they don't raises prices again. I hate paying $58.71 every month but there's no other companies around here that offer cable internet.
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Old 09-13-2003, 08:12 AM   #7 (permalink)
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Originally posted by Jesus Pimp
Damn! I hope they don't raises prices again. I hate paying $58.71 every month but there's no other companies around here that offer cable internet.
Crap! That's expensive. I pay $34 CDN a month for my ADSL.
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Old 09-13-2003, 08:43 AM   #8 (permalink)
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Location: Champaign, IL
Yeah, we pay like 20-30 for comcast.
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Old 09-13-2003, 12:39 PM   #9 (permalink)
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Hmm... I wonder how well the transition will be. I've got Comcast back home and we're always having problems in that part of town.
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Old 09-13-2003, 04:06 PM   #10 (permalink)
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Awesome! I already get 2Mbit, but another 1Mbit cant hurt If only I had that kind of up speed
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Old 09-13-2003, 08:22 PM   #11 (permalink)
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I'm in the Pittsburgh test market and haxe 2.84 meg down , it is nice
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Old 09-14-2003, 12:15 AM   #12 (permalink)
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Haw haw! Those of us with InsightBB (http://www.insightbb.com/) already have 3Mbps.

Still only 128kbps upstream on the cheapest and that's $40/mo. Bah.
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Old 09-14-2003, 05:42 AM   #13 (permalink)
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I've had cable-ax for a week-pack deal with digi-cable-tv & phone-from Comcast-$99/mo for all. That is less than qwest phone, Comcast cable, and discount dial up. And it zips along at 1.8.
niicce
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Old 09-14-2003, 07:12 AM   #14 (permalink)
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HAHAHAHA 3Mbit lol!!!!!! Get Optimum Online...then talk about fast.....10Mbit/1.5Mbit....I download from t3's at 1 MB/Sec.....Okay sorry enough bragging......but I only pay $35/Mo for it
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Old 09-14-2003, 07:44 AM   #15 (permalink)
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Quote:
Originally posted by scoobydugan
HAHAHAHA 3Mbit lol!!!!!! Get Optimum Online...then talk about fast.....10Mbit/1.5Mbit....I download from t3's at 1 MB/Sec.....Okay sorry enough bragging......but I only pay $35/Mo for it
You act like we have a choice in the matter
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Old 09-14-2003, 09:13 AM   #16 (permalink)
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Geesh.. 10M/1.5M for $35/mo? You must live in New York City or something.
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Old 09-14-2003, 10:48 AM   #17 (permalink)
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Location: right behind you...
every since i got comcast cable modem almost anytime you saw me go offline and return you'd see a simple statement, "fucking Comcast!".

i pay $50 or so a month..... i d/l at like 256k max except for the occasional bursts. and i upload 30k max.

....
i am now thoroughly confused.
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Old 09-14-2003, 12:04 PM   #18 (permalink)
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hmm that'd be pretty sweet, if it actually happens.
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