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charter....slaps $5 price hike on spectrum home internet



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 3 months ago '09        #1
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messy marv stan  topics gone triple plat - Number 1 spot x93
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charter....slaps $5 price hike on spectrum home internet
 

 
visit this link https://arstechnica.com/t .. t-tier-now-80/


Charter is raising prices on Spectrum home Internet service by $5 a month starting today, a company spokesperson confirmed to Ars. Standalone broadband prices are rising to $79.99 a month for 300Mbps download speeds, $99.99 a month for 500Mbps, and $119.99 a month for 1Gbps. 300Mbps is the advertised download speed for Charter's entry-level tier.

The price increase takes effect today in most of Charter's 41-state territory, the company said. It affects broadband-only customers and broadband users who also subscribe to a Spectrum streaming TV package, but not cable TV customers.

"The price for Spectrum Internet reflects the cost of delivering the best value in broadband for your family: 300Mbps starting speeds with no modem fees, data caps or contracts," the company said. Charter also said this is its first price increase on standalone broadband since December 2020.

Customers currently on a promotional rate will keep paying that rate until the promotion expires. They'll pay the new, higher regular rate after that.


image Price hike estimated to affect 9.5M users


The price increases were reported by Fierce Telecom yesterday. New Street Research analysts estimated the price increase would affect 9.5 million customers, Fierce Telecom wrote.


image "Over 60 percent of our customers aren't affected by these changes," Charter told Ars. Charter said in an earnings call last week that it is imposing price increases because of "inflationary pressures."

Charter has 28.3 million residential broadband customers, many of whom subscribe as part of multi-product bundles. As Fierce Telecom noted, the price increase "takes the cost of Charter's base plan well over the $70 mark that J.D. Power recently highlighted as the price below which consumers are most satisfied with their Internet service."

Comcast, the only home Internet provider with more subscribers than Charter, signaled in an earnings call last week that it wants existing Internet users to pay more because it's not signing up many new broadband customers. AT&T is imposing $3 monthly increases on Internet service prices.


Charter tries to soften blow with new bundle

Charter yesterday announced a bundle of home Internet and cellular phone service called Spectrum One, touting its "unprecedented promotional price of $49.99/month for 12 months" for "Spectrum Internet, Advanced Wi-Fi, and one free line of Unlimited Spectrum Mobile for a year—with no contracts and no added taxes or fees—for an annual savings over those 12 months of nearly $420 off regular promotional rates."

But after 12 months on the $49.99 Spectrum One promotional deal, the regular rates apply.

Charter also said it lowered the standard Spectrum Mobile price from $45 to $29.99 per line. That price is for the Unlimited plan that has restricted video quality—it costs another $10 per month for the "Unlimited Plus" plan with HD-quality video streaming.

Another caveat on Charter's unlimited mobile data is that after a line uses 20GB in one month, a customer "will experience speeds reduced to 1Mbps download and 512kbps upload for the rest of the bill cycle and data traffic will be de-prioritized behind the data traffic of other customers during times of network congestion for the rest of the bill cycle."

With Unlimited Plus, that's raised to 30GB. Charter mobile service is offered over the Verizon Wireless network
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17 comments
 

 3 months ago '20        #2
Xiox  topics gone triple plat - Number 1 spot x1
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Att raised it by $20
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 3 months ago '04        #3
nobody 
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Glad im locked with 1gig speed with att at $70 for life.
+1   

 3 months ago '20        #4
Bighempin  topics gone triple plat - Number 1 spot x2
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We are getting r*ped over here in the US when it comes to internet rates
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 3 months ago '19        #5
614kj 
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$5 .. heavens to Betsy
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 3 months ago '20        #6
Xiox  topics gone triple plat - Number 1 spot x1
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Just saw a spectrum commercial 300 mb for $49.99

 3 months ago '09        #7
messy marv stan  topics gone triple plat - Number 1 spot x93 OP
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 nobody said
Glad im locked with 1gig speed with att at $70 for life.

the only monopoly in the condo complex is cox isp


i have100/5 for $20 a month after acp discount

 3 months ago '08        #8
flav 
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Bx…..with the repetitive template titles for the past 8 months

 3 months ago '09        #9
messy marv stan  topics gone triple plat - Number 1 spot x93 OP
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 Xiox said
Att raised it by $20


.


charter is $95 billion in debt

its the only reason the regime continues to slap customers with nonstop price hikes
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 3 months ago '20        #10
Xiox  topics gone triple plat - Number 1 spot x1
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 messy marv stan said

.


charter is $95 billion in debt

its the only reason the regime continues to slap customers with nonstop price hikes
Can you please tell Congress to stop allowing these mega mergers sir , they only increase prices for the consumers & fatten the rich kats pockets , thanks in advance

 3 months ago '14        #11
Black Einstein 
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$50 T Mobile home internet for the win!

 3 months ago '04        #12
infam0uskills 
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fios 1gb internet, free router, free wifi extender

$64.99 / month before discounts

+1   

 3 months ago '05        #13
Stuart Scott  topics gone triple plat - Number 1 spot x35
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 infam0uskills said
fios 1gb internet, free router, free wifi extender

$64.99 / month before discounts

is that run thru cable?

everybody is a mafia out here

 3 months ago '04        #14
infam0uskills 
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 Stuart Scott said
is that run thru cable?

everybody is a mafia out here
fiber optic cable but for NJ, fios is the best bang for buck. Just not every area is fios ready or has access to fiber optic internet.




Last edited by infam0uskills; 11-03-2022 at 10:40 PM..
+1   

 3 months ago '22        #15
Delegatus 
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 Xiox said
Can you please tell Congress to stop allowing these mega mergers sir , they only increase prices for the consumers & fatten the rich kats pockets , thanks in advance
Like they care about your opinion.
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 3 months ago '20        #16
Xiox  topics gone triple plat - Number 1 spot x1
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 Delegatus said
Like they care about your opinion.
Don't you have brotherhood matters to take care of @
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 3 months ago '04        #17
JJH35  topics gone triple plat - Number 1 spot x2
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All the companies are just jumping on the 'we can charge more' bandwagon.

I've been with Geico for 14 years, and had 1 minor claim (12 years ago albeit). They sent me my new auto insurance rate this weekend it was a 30% increase. The only way to get near my old monthly was to jack deductible up and drop the coverage values.

I price shopped and dropped Geico the same day I got the email. I was reading articles about how their price hikes were expected to bring in this or that, like 200 million blah blah like people aren't going to leave. Not sure who drives some of these clown cars.

Charter/Spectrum realistically knows in some areas people have minimal options to change and usually won't anyways. But the more customers they lose for "cord cutting" the more the prices are going to go up for the internet people use to use streaming services.

 3 months ago '11        #18
shellz386  topics gone triple plat - Number 1 spot x2
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 Bighempin said
We are getting r*ped over here in the US when it comes to internet rates
Imagine if n*ggas (corporations) weren't so greedy
+2   



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