Time Warner Cable Raises Cable Modem Rental Rate to $5.95/Month
July 30, 2013 9:19 AM
comment(s) - last by
Fee hike will generate an extra $150 million for Time Warner
Time Warner Cable announced yesterday that it had begun notifying customers of an increase on the rent paid each month for cable modems (subscribers to the company's base cable internet plan have been paying $3.95 per month to lease a modem since last November).
Time Warner Cable is now increasing the monthly rate for leasing the modem to $5.99 per month starting with the next billing cycle. A few dollars doesn't sound like huge hike, but the additional fee will reportedly generate an extra $150 million in revenue this year alone for the cable giant.
Apparently, only customers on the company's most popular plan will pay the extra fee for modem rental. Customers who are on more expensive and higher-end cable internet packages won't be affected by the change in rental rate.
Time Warner Cable says that the fee hike stems from costs associated with providing the modem.
Despite the fact that the lease amount has increased to $5.99, Time Warner Cable’s fee is still lower than competitors such as Comcast, which charge between seven dollars and eight dollars per month.
Of course, one way to avoid the fee altogether is to purchase your own modem from
Time Warner Cable’s approved list
. By going this route, the modem would “pay for itself” within a year or less.
This article is over a month old, voting and posting comments is disabled
7/30/2013 11:42:45 AM
I'd say go with Charter if you can. They don't nickel-and-dime you (on equipment or anything else), and their delivered performance is better than what you're nominally paying for.
I'd say avoid switching to ATT in retaliation. ATT are the world masters of nickel-and-diming AND you can't buy your own box to replace their crappy U-verse box (which runs hot and has truly lousy WiFi built into it).
RE: The competition
7/30/2013 1:57:36 PM
You need to apparently do some more research... I switch from TWC to Uverse and extremely happy with it! No we haven't been nickle and for anything. We have the top tier plan which only charges ua for 2 of our 5 boxes, 1 complete home HD DVR, 2 normal HD DVR receivers, and 2 wireless HD DVR receivers. It is true that we can't buy our own box but in 20 years of TWC we never took that option anyway their equipment fees are almost a non-issue. As for your "lousy" wifi performance claim... Why would you even use the built in Uverse wifi????? LOL. I think TWC doesn't offer wifi in their hardware package but that isn't a concern for you but a built in one by Uverse you can turn off is? The wifi in a Uverse box is only 802.11g so that is crappy yes however the antenna is more powerful than most off the shelf routers today especially for just g wireless, AND you can turn if off like I did and use your own wifi router of your choosing.
Very happy with my Uverse.
"A politician stumbles over himself... Then they pick it out. They edit it. He runs the clip, and then he makes a funny face, and the whole audience has a Pavlovian response." -- Joe Scarborough on John Stewart over Jim Cramer
Report: Spotify Working on Free, Ad-Supported Mobile Service
December 6, 2013, 9:52 AM
Microsoft Protecting International Customer Data Through Increased Encryption, Litigation
December 5, 2013, 6:15 PM
Hackers Nab 2 Million Login Credentials from Facebook, Gmail, Twitter
December 5, 2013, 1:00 PM
Dutch Gov. to Google: Don't Spy on Us
December 2, 2013, 1:21 PM
Quick Note: Amazon to Use Unmanned Drones for 30 Minute Package Deliveries
December 2, 2013, 11:51 AM
Quick Note: Wi-Fi Hack Prompts European Parliament to Eliminate Access
November 29, 2013, 11:05 AM
Most Popular Articles
NSA Snares Americans' Porn Viewing Histories in Effort to Target Muslims
December 1, 2013, 9:00 PM
Coalition of 20+ Tech Firms Backs MRAM as Potential DRAM, NAND Replacement
November 29, 2013, 11:59 PM
Dow Chemical to NYC City Council: You Don't Even Know What Styrofoam is!
December 2, 2013, 8:30 PM
OCZ Goes Bankrupt, SSD Assets are Targeted by Toshiba
December 1, 2013, 9:58 PM
Man Arrested for Using 5 Cents Worth of Electricity to Charge Nissan Leaf at Middle School
December 4, 2013, 8:00 PM
Latest Blog Posts
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
Global Cyber Espionage Concerns Reveal Growing Cyber Armies
Nov 29, 2013, 11:04 AM
Is The Period Becoming an Expression of Anger?
Nov 26, 2013, 2:02 PM
NSA and Congress -- You Will Never Kill the Constitution, It's an Idea
Nov 10, 2013, 2:00 PM
AT&T Explores $100B+ USD Deal to Acquire Vodafone's European Operations
Nov 4, 2013, 7:34 AM
More Blog Posts
Copyright 2013 DailyTech LLC. -
Terms, Conditions & Privacy Information