Comcast Seeks Rate Relief in 150 Communities

COMCAST SEEKS RELIEF IN 150 COMMUNITIES
[SOURCE: Multichannel News, AUTHOR: Ted Hearn]
Comcast, in a large request, asked the Federal Communications Commission to remove the last vestiges of rate regulation in nearly 150 communities across the country. The cable giant is seeking deregulation in nearly 50 petitions for effective competition, including such places as Salt Lake City, the Chicago suburb of Du Page County and Tuscaloosa, Ala. The request appeared to be one of the largest the FCC has received from a single cable company since the onset of rate regulation under the 1992 Cable Act. When the FCC grants a petition for effective competition, the local government loses authority to cap the price of the basic tier, which all cable subscribers must buy. According to the FCC's most recent cable price survey, the national average price for basic cable is about $14 per month.
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