In order to compete with Verizon Fios, Comcast has announced that it will increase Internet speeds in ten Northeast markets. Its new tier will offer download speeds of up to 305 Mbps and upload speeds of up to 65 Mbps. In case that sounded like gibberish, let me break it down for you. MBPS stands for megabits per second. Verizon’s top tier plan has download speeds of up to 300 megabits per second and costs 205 dollars per month, while Comcast’s fastest service will cost 300 dollars a month.  Wondering if you need the speed? An average single user doesn’t really need more than 55 megabits. So unless you’re a family who connects to the Internet with several devices for several hours a day, you can probably skip the top speeds. Comcast also announced that if you’re a subscriber to Xfinity Blast or Xfinity Stream, your Internet speeds will be doubled at no additional cost. Looks like the Internet speed wars have begun.