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Cable Companies Poised To Hike Broadband Prices
- Stop the Cap, Tuesday, April 18, 2017 3:53 PM
An analyst with New Street Research is predicting that cable companies will account for more than 70% of the broadband market within three years, leaving them in a position to raise prices. “As the primary source of value to households shifts increasingly from pay-TV to broadband, we would expect the cable companies to reflect more of the annual rate increases they push through on their bundles to be reflected in broadband than in the past," the analyst wrote in a note to investors.
