Time Warner Deal Is How Comcast Will Fight Cord Cutters
An anonymous reader writes "This NY Times articles makes the case that Comcast's planned acquisition of Time Warner Cable is part of a strategy to fight back against the millions of people ditching cable subscriptions. 'The acquisition rests on the assumption that as people cut back on their monthly TV plans, the cable lines coming into their homes won't lose their value.' The idea is that switching away from cable TV will simply make consumers more beholden to their internet connections, and removing (i.e. acquiring) the competition will let Comcast raise rates without losing customers. The article concludes, 'The steady price increases in broadband rates cast a pall over any cord cutter's dreams. It's possible that you might still save money now by cutting off your cable. But if you plan to watch a lot of TV over the Internet, don't expect to save money forever.'"
This!!
My internet price (from Comcast and acquired entities) has remained steady at $43 for probably 20 years now, while my download speeds have increased from 1.5Mbps to (today) 57Mbps over the same timeframe. Factoring in inflation and speed increases over that timeframe, my cost per throughput has steadily and dramatically dropped.
The article is FUD.