Submitted via IRC for SoyCow4408
Comcast keeps losing TV subscribers, but it has a new way to fight cord cutting.
As streaming video continues to chip away at cable TV subscriber numbers, Comcast is making some of its Internet speed increases available only to customers that pay for both Internet and video service.
Last week, Comcast announced speed increases for customers in Houston and the Oregon/SW Washington areas. The announcement headlines were "Comcast increases Internet speeds for some video customers."
Customers with 60Mbps Internet download speeds are being upped to 150Mbps; 150Mbps subscribers are going to 250Mbps; and 250Mbps subscribers are getting a raise to 400Mbps or 1Gbps.
Comcast says speed increases will kick in automatically without raising the customers' monthly bills—but only if they subscribe to certain bundles that include both Internet and TV service.
(Score: 2, Insightful) by Anonymous Coward on Tuesday May 01 2018, @08:20PM (2 children)
Manipulating customers is not a good idea, but hey they're obviously getting desperate. As usual the dinosaurs would rather loudly stomp around than evolve with the times.
(Score: 5, Insightful) by Snow on Tuesday May 01 2018, @08:33PM
Manipulating customers is essentially their business model. Well, that and defacto monopolies.
(Score: 3, Insightful) by bobthecimmerian on Wednesday May 02 2018, @11:28AM
You're overstating the problem. Comcast is in a tizzy because their obscene times 100 profits from their natural monopoly might become obscene times 97 profits and they're trying to get back to 100. They're a hell of a long way from being forced to evolve.