Comcast, Cox and other cable operators plan rate rises in some la...
Comcast, Cox and other cable operators plan rate rises in some large cities. Many increases take effect in early 2007 - season when operators raised rates before (CD Oct 2 p6). Comcast monthly bills will rise 5.4% on average…
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in 12 cities, Sanford Bernstein analyst Craig Moffett wrote Wed. Rates are to rise an average of 6.8% in Seattle, 5.5% in Richmond, Va., and 3.5% in Philadelphia, Moffett said, citing local media reports. Cable operators raised U.S. rates 6% overall this year, said research from a pay-TV industry official. In Feb. Boston-area Comcast bills rose 6.2% to $44.74 monthly for Metro Package customers, said documents from the city’s cable office. San Francisco-area bills for Comcast’s most popular cable service will grow 8% to $44.64 monthly in Jan., the Oakland Tribune reported. Rates in San Francisco rose 7% on average this year, industry research showed. A Comcast official didn’t return calls. Cox will raise expanded basic rates 6.1% to $43.35 monthly in the Norfolk, Va., area Jan. 1, the Virginian-Pilot reported. Company officials didn’t return calls. Prices for Cox “expanded service” in Norfolk have risen 45% since Dec. 2001, said city cable official Pam Staggs.