Major U.S. Cable Companies Raising Rates
An AP newswire article, via The Mercury News, reports that:
The nation's biggest cable companies are boosting their rates by single-digit percentages, citing rising costs for programming and investment in new services.
Industry leader Comcast Corp. is raising the rate on its most popular cable package by an average of 6 percent next year in all markets, while No. 2 Time Warner Cable customers are being asked to pay an average 3.1 percent more for its expanded basic package and 1.9 percent more for its limited basic plan.
posted by Fergie @ 12/02/2005 09:35:00 AM
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