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Strategies & Market Trends : Aardvark Adventures
DAVE 194.56+6.6%Nov 21 9:30 AM EST

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To: ~digs who wrote (1184)7/13/2005 9:43:11 PM
From: ~digs  Read Replies (1) of 7944
 
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Telephone and cable TV companies are slashing broadband prices and boosting connection speeds as the two monopoly-prone industries prepare to lock horns on multiple fronts.

Comcast Corp. (CMCSA) fired the latest shot in the battle this week by announcing plans to boost the speed of its entry-level cable broadband service to 6 megabits per second - as much as four times faster than a typical DSL connection over a phone line.

That move follows a series of promotions which have lowered introductory rates for a high-speed Internet line to between $15 and $30 a month, down from the typical $30 and $45 a month.

The prize is far larger than signing up more high-speed Internet users, analysts say. Companies are trying to lock in customers who may soon be offered the convenience of buying phone, cable, Internet and wireless services from a single provider out of convenience.

cont'd @ apnews.myway.com
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