Comcast has announced a five-year price-lock guarantee for its Xfinity internet plans. New customers can lock their prices for plans ranging from $55 to $105 per month. These plans don't require an annual contract;

Comcast has announced that new customers can choose a five-year, guaranteed price lock-in for its Xfinity internet plans. The plans won’t require an annual contract, and range in price from $55 to $105 per month, according to a release emailed to The Verge. They also include unlimited data.

Comcast unveiled a five-year price lock for its Xfinity Internet service on Tuesday, aiming to stem subscriber losses and bolster its broadband business as competition in the sector intensifies. WHY IT'S IMPORTANT Comcast has been losing broadband subscribers to wireless giants such as AT&T,