Time Warner Cable subscribers (more than 615,000) in a region of New York that includes the Hudson Valley area were in for a surprise when they opened their recent cable bill. Seems the powers that be at Time Warner have decided that a rate increase is necessary. Rates will increase by an average of 2.6%.
When questioned about the increase Time Warner gave their usual canned response which cites the following for the rate hike: labor, health care costs, programming increases and increased costs for fuel. Heard those reasons countless times before.
When a company such as Time Warner Cable decides to impose a rate hike on it customers I think it only fair that they provide full disclosure of their total operating costs and profits in every letter or bill they send out to their subscribers when informing them of an impending rate increase. An action such as this would allow customers to decide whether or not to remain with Time Warner or perhaps switch to another cable provider if possible.
