Cable TV Rates Go Up
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By David Ranii, The News & Observer, Raleigh, N.C.  Dec. 9--Time Warner Cable is raising its rates for standard TV service  again -- and, once more, it's outpacing inflation.
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The cable operator reported fourth-quarter net income of $602 million on solid revenue gains as customers spent more for cable TV. The company also said it will start paying a quarterly dividend.
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New subscribers push DSL to 5 percent increase in the first quarter.
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Top cable operators are expanding their customer service operations to make common complaints a thing of the past.
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Residential customers of National Grid USA , the biggest Massachusetts electric utility, face an average rate increase of 13.1 percent, or $10 a month, starting Nov. 1, under rates National Grid requested yesterday.
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As part of an ongoing race in the cable industry, Time Warner Cable is raising the speed of its broadband Internet offerings to 5 and 8 million bits per second without increasing prices.
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Cablevision stepped up the battle to attract high-definition customers on Friday, saying it would have the capability to carry more than 500 channels of HD programming by the end of this year.
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WASHINGTON -- Interest rates on short-term Treasury bills rose in auction yesterday, with three-month bills rising to the highest level in more than six years.
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With reports of more than a quarter increase in the price to provide broadband services, the smaller ISPs reportedly claim that the Ofcom moves will create a noncompetitive market, benefiting
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Boston Mayor Thomas M. Menino said RCN's 2007 cable rates are too high. The cost of the "full basic" cable package, which includes 60 channels, is rising 8 percent, from $49.95 to $53.95 when sold alone, according to the mayor's office. In a statement, Menino said, "We are concerned with the increases in both bundled and RCN's standard ...
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European TV-watchers will increasingly pay for cable and satellite services, with more than 12 million new subscribers expected over the next five years, according to new projections released on Friday.
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Canadians are paying more to borrow money for homes, cars and other purchases today after a quarter-point interest-rate increase by the Bank of Canada yesterday was quickly matched by the chartered banks.
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By JOHN DUNBAR  WASHINGTON - Cable television rates keep going up while prices for other communications services are going down, says the nation's chief communications regulator, and he blames local governments for blocking competition.
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Time Warner Cable Inc , the  second-largest U.S. cable operator, on Wednesday posted a 23  percent rise in fourth-quarter profit from higher numbers of  broadband and digital phone customers.
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In what has become as much of a Thanksgiving tradition as stuffed turkey and football, Comcast Corp. moved yesterday to raise New England cable television rates by an average 5.9 percent starting in January.
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Interest rates on short-term Treasury bills rose in yesterday's auction with rates on six-month bills climbing to the highest level in four months.
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WASHINGTON -- Interest rates on short-term Treasury bills rose in yesterday's auction to the highest levels in 30 months.