Comcast Raising Monthly Rates
The cable operator notifies several markets of rate increase; high-def services cited.
By Swanni
The cable operator last implemented a monthly rate increase in January.
However, newspapers today in the states of Washington, Pennsylvania and Virginia are reporting that Comcast subscribers have been told their monthly bills will go up in November.
The rate increase ranges from 4.2 percent in the state of Washington to 7.5 percent in Lancaster, Pennsylvania, according to reports by the Seattle Post-Intelligencer and Lancaster Intelligencer Journal.
In Seattle, a Comcast spokesman says the rate increase is necessary because the cable operator spent $200 million on a new network and facilities.
A company spokesman in Harrisonburg, Virginia says the rate increase is driven by the "increased value of our services (including) High-Definition viewing choices."
It's unclear if and when Comcast will raise rates in other markets.
Comment on this article!
____________________________________________
____________________________________________
Click
TVPredictions.com to see today's Swanni
Sez.
©
TVPredictions.com
____________________________________________
Swanni (Phillip Swann) is
president and publisher of TVPredictions.com. He has been quoted in
dozens of publications and broadcast outlets, including CNN, Fox
News, Inside Edition, The New York Times, The Washington Post, The
Chicago Tribune, The Financial Times, The Associated Press and The
Hollywood Reporter. He can be reached at
swann@tvpredictions.com
or at 703-505-3064.
Click
TVPredictions.com
to read more news and features on TV
technology.