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Comcast adds $2 to fee for leasing cable modems

2010-02-04 10:01 by
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A few months after Comcast started doubling high-speed Internet speeds for Colorado subscribers free of charge, the company has hiked the monthly fee for leased cable modems by $2, or 67 percent.

The majority of Comcast's Internet customers lease modems from the company, and in January that monthly charge went from $3 to $5.

Comcast says the increase is related to its technology upgrades.

"We continually invest in providing customers with next-generation equipment and technology that delivers advanced Internet services with enhanced capabilities," spokeswoman Cindy Parsons said in a statement. "Our costs for this new equipment will increase by 167 percent over the next two years."

Parsons also noted that customers can purchase a modem from a retailer rather than leasing one.

Comcast is raising the fee nationwide, though it has been instituting the change market by market.

Read more -here-

 

  User Reviews/Comments:
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by Sava700 - 2010-02-04 19:51
I would never lease a modem from them... cheaper in the long run to purchase your own.
by Epyon - 2010-02-04 20:11
This is the straw...

I've had enough, buying my own damn modem now.
by ManofSex1 - 2010-03-12 22:59
My lease was 3 dollars in 2003, now this is 2010 (7 years).

$3 x 12 months = $36
$36 x 7 years = $252 dollars

I can buy a modem for $54 & up to $104.

You do the math!!!!!!!!!!!

I just purchased one for $64 bucks.
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