Sunday, November 02, 2008

Cable companies raise rates around the country; but is competition actually increasing?


The PR Newswire reports on Oct. 22 that competition in cable services in Maryland is starting to pick up even though rates in several Maryland counties around Washington DC and Baltimore recently went up by an average of 6.4% (some changes effective Nov. 1). In one county, a special telecommunications tax was imposed to help out schools. The story is here.

The same news service produce a story Oct. 20 about Illinois, here.

A similar story, worded in a similar way, appears for Virginia rates in “The Street Insider” Oct. 22, link here.

Does this story apply to most states?

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