Comcast is looking to generate $500 million in new revenue so that they can provide regional upgrades and new products. With the recent flood of rate increases throughout the country I have to ask myself what region are they talking about. The U.S. is made up of 5 regions. They are:Northeast,Southeast, Midwest,Southwest and West. Is Comcast looking to generate $500 million in each individual region or is the total they are seeking a combinaton of all 5. You can surely understand why I'm confused about which region their talking about specifically. Is Comcast using the money from rate increases to customers in the Northeast to pay for upgrades in the other regions of the country.
When I see companies posting huge profits for their yearly earning earnings I have to wonder how they can justify constant increases for their services to their customers. According to Comcast their constant rate increases reflects the "value of their service" to their customers. From comments I've read on line I suspect that a good number customers feel that a decrease in their bill would best reflect the value of service Comcast gives to their subscribers.
