Cablevision Plans 1.1 Percent Cable Rate Increase for 2007

Nov 17, 2006  •  Post A Comment

Cablevision said Friday it will raise rates on its cable TV service an average of 1.1 percent next year, but that its high-speed Internet and phone service prices will remain unchanged.

“Because of the strong growth of our cable business and success selling voice and high-speed Internet access, our cable television pricing will remain virtually unchanged in 2007, and there will be no price increase for our voice and Internet services for the fourth year in a row,” said Patricia Gottesman, Cablevision’s executive VP of product management and marketing.

“For the second year in a row, Cablevision’s average cable television increase is below the rate of inflation, and the 2007 adjustment continues a history of less significant increases in recent years, as the company has expanded its base of cable television customers and grown its online and voice businesses,” Ms. Gottesman said.