Comcast CEO Brian Roberts acknowledged this week that you can’t withhold raising prices forever… but that doesn’t mean prices can’t recede up next month! Ars Technica flags a report from The Hollywood Reporter that reveals Roberts told a Goldman Sachs telecom conference this week that “you can’t withhold raising the price [of cable bundles] forever” because “these things have a way of correcting and balancing out before something draconian happens.” However, Ars notes that Comcast is set to unleash a major round of price hikes in several markets across the U.
S., including in Oregon and recent Mexico. MORE COMCAST: FCC complaints reveal the horrors of Comcast data caps A major study of cable prices by the Federal Communications Commission released last year found that
Source: bgr.com