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Comcast Debuts $300 Internet Service in Race With Verizon

Comcast Corp., going after consumers willing to pay top dollar for the fastest Internet speeds, introduced a $299.95-a-month service that it says beats the speediest offering from Verizon Communications Inc.’s FiOS.

The new tier, called Xfinity Platinum Internet, offers download speeds of up to 305 megabits per second, Comcast said in a statement. The Verizon FiOS business, which relies on fiber-optic lines, introduced a plan in June that tops out at 300 megabits for $204.99 a month with a two-year contract.