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Cable and satellite TV providers are ringing in the new year with an unwelcomed gift: higher cable bills.
Comcast, for instance, says customer bills will rise 2.2 percent, on average, in 2018. AT&T is raising DirecTV's prices by up to $8 a month in mid-January. Smaller providers are planning increases, too.
Over the past decade, prices for TV service have risen almost twice as fast as inflation, according to an analysis of government data. Data provider S&P Global Market Intelligence says customers' cable and satellite TV bills have soared 53 percent since 2007, to $100.98 in 2017.
Annual rate hikes are as guaranteed as death and taxes. But you can push back and trim your bill.
What are you gonna do instead, read?
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Why Cable Bills Are Rising Again and What Can You Do
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(Score: 0) by Anonymous Coward on Saturday January 06 2018, @03:13PM
It would still be a problem, it's just that under that scenario there would be at least some hope of market forces fixing the problem.
Comcast is upgrading my connection here from 55mbps to 60mbps allegedly for free because of all this. But, the reality is that they previously hiked rates recently, this is just coming after the rate hikes because they know that we'll remember the "free" speed increase more than the rate hike.