Time Warner Cable (TWC) Plans Another Rate Hike Ahead of Comcast Deal
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Where's the FCC when you need it?
Or, it's it really a competitive environment when every company is in cahoots?
According to DSLReports, Time Warner Cable (NYSE: TWC) is raising rates for both cable TV and broadband customers.
Included is a
The new hikes, as represented in the chart below, will take effect March 1, 2014. Time Warner Cable has tried to make the increase necessary to keep
While some in discussion forums said they would jump to Verizon (NYSE: VZ) FiOS, there's really no point as that service is as, if not more, expensive. Many don't expect the fees to go down should Comcast (Nasdaq: CMCSA) receive regulatory approval to acquire Time Warner Cable.
Shares of Time Warner Cable are down about 3 percent Wednesday.
Or, it's it really a competitive environment when every company is in cahoots?
According to DSLReports, Time Warner Cable (NYSE: TWC) is raising rates for both cable TV and broadband customers.
Included is a
Broadcast TVfee, which appears to be implemented by most cable operators. This is a fee to cover retransmission fees from broadcasters. That will be a
below the linefee which will, basically, allow cable operators to keep advertised rates the same.
The new hikes, as represented in the chart below, will take effect March 1, 2014. Time Warner Cable has tried to make the increase necessary to keep
vale addedservices coming, like faster Internet, better HD programming, more WiFi spots, and so on.
While some in discussion forums said they would jump to Verizon (NYSE: VZ) FiOS, there's really no point as that service is as, if not more, expensive. Many don't expect the fees to go down should Comcast (Nasdaq: CMCSA) receive regulatory approval to acquire Time Warner Cable.
Shares of Time Warner Cable are down about 3 percent Wednesday.
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