Verizon Communications wants to serve its customers better from next month onwards (which is happening in a couple of days’ time, actually) by delivering superior home Internet download speeds of up to 300Mbps. Should this happen, and the real world performance figures jive as close as possible to what was advertised, then it is safe to assume that this will most probably be the highest speed US residential service to date. Other rivals in this highly competitive area that Verizon is involved in include Cablevision Corp., Time Warner Cable Inc., and Comcast Corp., not to mention being the very same rivals in the TV segment as well. According to Verizon, this new 300Mbps speed is meant for downloading files or video streaming purposes, and when it comes to upload speeds, you can theoretically hit 65Mbps, making it useful for sending large sized files to another computer from the comfort of your own home. There is no word on pricing for the new service though, so we will have to be patient on this one. [Press Release]

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