Cable companies shrug off cord cutters by jacking up broadband prices

The New York Postpoints out that even though cable companies are losing pay TV subscribers, they’re making up for this lost revenue by jacking up prices on home broadband services.

Comcast, for example, reported in its most recent earnings figures that its revenue from broadband services rose by 9.6% in the most recent quarter, which is higher than the growth rate of broadband subscribers it reported over the same period. 

Similarly, Cablevision this week reported that revenue from its broadband services grew 6% on the quarter despite the fact that it actually lost customers over the same period .... http://bgr.com