Comcast to raise rates by 3% in 2010

Comcast is set to raise rates by 3% in 2010 with timing of the rates depending on the markets. Comcast stated that the increase was due to rising programming costs and investments in technology services. Customers who are currently on promotion, between 40-50% of the subscriber base, will not be affected by the rate increase. Prices for broadband is increasing by an average of $2 per month.
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