(Reuters) - Verizon Communications Inc
Verizon competes with cable operators such as Cablevision Corp
Verizon said Wednesday that the new 300 mbps speed for downloading files or streaming video would come with an upload speed of 65 mbps for sending files from a user's home computer.
The company declined to comment on the price of the new service.
(Reporting By Sinead Carew; Editing by Gerald E. McCormick)