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Majic8: Wondering if the new speeds require new equipment or is Comcast blowing smoke.
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timppu: Did you try e.g. speedtest.net. did it give "only" 120Mbit/s?

It is good to check from the operator if different kind of router/modem/whatever is needed for the (theoretical) max speed, or even if the current device needs to be set up differently? For example, my fixed line internet operator has already instructed that if one wants to upgrade from our basic 10Mbit/s to 100Mbit/s, one should switch their cable modem configuration away from the NAT mode to bridged mode, as otherwise the speeds might not reach the full increased speed (the downside is then that you can only have max five devices online at the same time in bridged mode (as the operator gives you max five public IP addresses), and of course you don't get the extra protection from NAT...). So I am wondering if there is something similar with upgrading to the 1Gbit/s speeds?

Also I am unsure, are these 1Gb lines normally shared with others, ie. you might get much worse speeds on busy hours than in the middle of the night, even if the remote server could provide content to you at full speed? I know that's what constantly happens with my mobile connection, e.g. yesterday day time it was around 20 Mbit/s, and at night (after 1am or so) it jumped to 60Mbit/s or so (the highest I've seen it at my home; elsewhere I've sometimes had it up to well over 100Mbit/s even on day time).
yes, I used speedtest. Comcast's speed test was even lower. ?
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bhrigu: Mobile data is still capped here. Thankfully it has improved in the recent times. Now it is affordable to have plans with daily 1-3 gigs of data. Earlier it cost same to have that much data for a month.
Here they are not capped nowadays, as long as you stay within Finland (abroad the roaming data can cost an arm and a leg, especially outside Europe).

Something good about the severe competition between mobile operators here, it is so easy to swap operators here for a better deal, still keeping your old phone number (the operators are legally forced to allow you using the same phone number even if you switch operator, so that having to change your number doesn't prevent competition). I just switched to a competing operator and then back to my old operator within a week, and got a much lower monthly price in the process.

Yeah it was not always like this. I faintly remember the times when 64kbit/s (let alone the double-speed, 128kbit/s) ISDN was considered ultra-fast for internets. It would cost you a LOT to use ISDN though, per minute (even if you were not downloading any data, just being online).
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bhrigu: Same here. 2-4 mbps.
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almabrds: Is 4MB so bad?
You guys can use internet at wish, something that some cities in the world don't have.
It could be much worse, think about it.
And unless you want to become a streamer for example, having an internet with super speed is not really necessary or that much beneficial to your life.
Or perhaps you really dig MMOs and NEED to have them 24/7. On the good side, even that luxury you can have, depending on the game we're talking about, naturally.
If you think 4MB is bad you guys never tried to play multiplayer with dial-up internet in 2000.
Actually I was with SINGTEL I was getting max of 784 bps so yeah I do know what dial up is like!