Comcast subscribers will see a price increase on their next bill for its cable and Internet services.
The company is raising its price on average across the country by 3.8%.
Comcast is raising its broadcast TV fee from $19.15 to $23.20 and its regional sports fee from $15 to $17.25, according to customer bills.
“Broadcast TV” and “Regional Sports Network” fees are specified fees that are not government mandated fees. Both payments are based on Comcast’s cost of providing local broadcast channels or regional sports networks. These costs include fees that broadcast stations or sports networks charge Comcast to carry on its cable systems.
Comcast is also raising the modem rental fee from $14 to $15. The cost of a TV remote control and box will go from $8.50 to $10.
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“Television networks and other video programmers continue to raise their prices, as broadcast television and sports are the main drivers of increases in customer bills,” the company said in a statement. “We continue to work hard to manage these costs for our customers while investing in our broadband network to provide the best, most reliable internet service in the country and provide our customers with the most affordable video and communication choices they can. find a package that fits their lifestyle and budget. The national average increase of 3.8% is about half of the recent rate of inflation.”
The revised rates will come into force on Dec. 20.
“As we strive to bring you the best possible services, we must also periodically review our prices and update them in response to rising program costs and increases in other costs that affect our services,” said a note on the bill.
To find out if you qualify for an Affordable Communication Plan and save money every month, you can go to www.xfinity.com/learn/internet-service/acp or https://www.fcc.gov/acp.
Comcast isn’t the only one raising prices. Streaming services such as Disney+, Netflix, Apple TV+ and Amazon Prime Video have all raised their monthly prices by $2 to $3, according to the Hollywood Reporter.
But what about Verizon?
“We have no plans to raise rates at this time,” said Chris Serico, Verizon’s e-mail communications manager.