Charter Spectrum is raising TV service fees this month.
On March 18, Spectrum customers will see an increase in TV and equipment fees. The backlash has been intense and critical of the cable giant, which matches most rate hikes over the past five years.
How much will spectrum prices go up?
Equipment costs will increase by $1 per month. Broadcast costs will increase by more than $3 per month.
Earlier this year, Charter Spectrum informed customers of the rate increases in a letter.
The letter stated that the premium for broadcast television would increase to $21 per month. Equipment charges for high-definition boxes would increase from $8.99 to $9.99.
In total, these fees will total approximately $30 per month for all customers.
Why is Charter Spectrum raising prices again?
Spectrum takes responsibility for this rate hike. The cable giant says it’s just increased costs on the business side, necessitating passing the charges on to customers.
“As a direct result of local broadcast or ‘network-affiliated’ television stations over the past few years, Charter Communications’ dramatically increasing rates to distribute their signals to our customers, we are forced to pass on these charges as than “Broadcast TV”. Supplement,” says the cable giant. “These local television signals were historically made available to us for free or at low cost. However, in recent years, prices charged by local TV stations have forced us to pass these costs on to customers. »
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