On Thursday, Time Warner Cable (TWC) announced a new speed-boosting plan, under which the company will offer six-fold faster Internet speeds to its Triangle subscribers at no extra charge next year.

The announcement of the speed-boosting plan by TWC comes close on the heels of AT&T's recently announced move to bring faster Internet speeds to a number of local municipalities by expanding its fiber network. Other than AT&T, Internet search giant Google is also apparently mulling the proposition of bringing its Google Fiber service to the Triangle region.

According to the TWC announcement, the Triangle is one of the seven US markets in which the New York-based company plans to launch its TWC Maxx service in 2015. The service will not only upgrade TWC's cable TV service, but will also bring about a notable improvement in Internet speeds.

The upgrades will likely be completed in the Triangle and other markets by the end of 2015.

With regard to the expected improvement in Internet speeds following the upgrades, TWC said that the boost in speed for Internet subscribers will vary, depending on their present speeds.

The subscribers to TWC's standard service - which offers speeds of up to 15 megabits per second (Mbps) - will see their Internet speeds jumping to 50 Mbps; while subscribers to the company's Ultimate plan, which offers up to

100 Mbps speeds, will be upgraded to up to 300 Mbps.