AT&T Broadband said Tues. it would increase cable rates average o...
AT&T Broadband said Tues. it would increase cable rates average of 4.8% across nation this year, starting next month. AT&T said biggest portion of cable customers, 63%, would see 4.3% price increase on its main analog package, known as…
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Standard Cable. Another 11% of subscribers whose channel lineups have expanded by 3 channels or more will see increases averaging 6.55%. Company said some of its systems will boost equipment and installation prices, starting in Feb. AT&T blamed rate boosts on its higher technical upgrade and customer service costs, citing 10% increase in programming fees, especially for sports programming. Consumers Union blasted move and called for reopening of Telecom Act to place new lid on cable rates or promote more competition. “It’s becoming more and more difficult to just accept the industry blaming programming costs every time it jacks up cable rates,” group said. “AT&T’s rate increase is the latest example of how the deregulation of cable television isn’t working.”