Comcast rate hike is early holiday gift to it's cable subscribers
Comcast Cable, a mega giant in the cable industry surprised their cable subscribers with a very early holiday gift this year. I'm sure many of you are wondering what Comcast chose to give their subscribers to reward them for their loyalty. So rather than keep you in suspense, although I'm sure many of you have already surmised what it is, I'll tell you. It's another rate hike. While many customers will be the recipient of Comcast's gift only once this year, there are those subscribers who have been unfortunate to be on the receiving end, not once but twice this year of a Comcast rate hike. Some customers were tapped the first time as early as Feburary 2008.
One would think that Comcast, which posted (I read this on line) a net income of $771 million for their 3rd quarter in 2008, which by the way is up considerably from the $560 million for this same time last year. Comcast, should have a change a heart, much like the Grinch, in the classic "How the Grinch Stole Christmas" movie and rather than take from their customers, especially in these tough economic times, they should be gifting them for their continued support of Comcast. Two gifts, either one of which I'm sure would be greatly appreciated are either a rate freeze or a rate decrease for at least a full calendar year. Now that would be a greatl holiday gift!



