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News | 09/29/2005 4:00 am EDT

Cable modem service higher than DSL in the US
A new survey from SG Cowen says that the price gap between cable modem and DSL services has reached an all-time high. SG Cowen says that broadband over cable modem was nearly 76% more expensive than DSL during the month of August, up from 53.3% in July. The firm suggests that while telcos cut phone rates and DSL prices, cable companies raised the price of broadband. Comcast Corp. raised prices on average 7.9%, while Time Warner Cable inched its cable modem prices up by nearly 6%. Verizon Communications decreased prices and rolled out a new slower service that was priced at US$14.95 per month.

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