“As part of an ongoing race in the cable industry, Time Warner Cable is raising the speed of its broadband Internet offerings to 5 and 8 million bits per second without increasing prices,” The Associated Press reports. “The higher speeds are available in New York City starting Tuesday and will roll out to the rest of the country in January.”
“Road Runner, the company’s broadband service, has been running on speeds of 3 mbps and its premium service on 6 mbps – generally faster than the competing DSL, or digital subscriber line, technology but a tad slower than some cable operators’ offerings,” AP reports. “Cablevision Systems Corp., Cox Communications Inc., Comcast Corp. and RCN Corp. all raised speeds earlier this year – without price rises – to between 4 mbps and 7 mbps. Time Warner hadn’t increased its speeds since September 2003.”
Full article here.