Time Warner Cable’s rates go up, again – will customers go too?
Time Warner Cable, the country’s second largest cable company, is giving its Southern California customers a not-so-nice present for the New Year: a substantial rate increase. Some rates for local broadcast channels will go up a whopping 27.4 percent, from $13.34 to $17. There will be a 9.5 percent increase for broadcast plus basic cable channels, and a 7.3 percent increase for the digital video package. Even the initial installation of Time Warner for video, internet or phone service is set to soar, from $32.99 to $49.99, a 51.5 percent increase.