krauserx15
join:2006-05-20
 ·Mountain Cable
1 edit | reply to metrotitan
Re: Usage Billing
said by metrotitan  :With such low caps and ridiculous overage fees, this is about maintaining the viability of their TV and movie services. Stifling progress and innovation to hold on to outdated models, same old crap. Shame on you. Makes sense, right now their HDTV is suffering from ridiculous technical issues for years now. You'd get better quality by just downloading your show in HD and streaming it to your TV/PS3/360/HTPC, etc.
If ANYONE thinks this wasn't done for money is wrong. Just wanted to get that point across. |
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DrunkenClam
join:2008-09-29
·Cogeco Cable
| reply to Krispy
The sad attempt to try and get cogeco users to fight it out by blaming people who use the service more then others is a manipulation tool by cogeco.
If A) user uses 20 gigs on a standard plan and B) User uses 60 gigs on a standard plan. Cogeco pays less peering charges and makes more money from customer A. There is more to it, but I can't type out pages to explain it.
To try and lie about it is disgracful. Cogeco wants to make more money by getting people to use their internet less. It's all corporate greed.
Shamans I agree with you to keep it to what will happen, but it seems Krispy felt it neccessary to post Corporate propaganda along with the new prices and caps policy, so really that was one of the many poor decisions cogeco makes on a day to day basis. |
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xeroid2
join:2009-01-22
Kingston, ON
| reply to Krispy
This is Corporate GREED to the MAX. One of the reasons we are in a recession today. Krispy can make NO JUSTIFICATION or defend this move by Cogeco to gouge it's own customers. Not with the profits and revenue increases that are easily found all over the net.
Krispy, show us a report where Cogeco is hurting SO BAD that they just HAD TO DIP INTO THEIR CUSTOMERS POCKETS once again. Fortunately, we don't have to be Cogeco customers if we choose .... and this move will make all COGECO CUSTOMERS RE-THINK about who they want as their media provider.
I HOPE THIS HITS THE CBC NEWS TONIGHT OR TOMORROW !
* Revenue rose 18.9 pct to C$299.4 mln
TORONTO, Jan 14 (Reuters) - Cogeco Cable Inc (CCA.TO) reported a stronger quarterly profit on Wednesday, helped by growth in its Canadian operations.
The Canadian media company earned C$23.6 million ($19.3 million), or 48 Canadian cents a diluted share, in the first quarter ended Nov. 30, up from C$20.4 million, or 42 Canadian cents a share, a year earlier.
Revenue was C$299.4 million, up 18.9 percent from C$251.8 million from the fourth quarter last year. ($1=$1.22 Canadian) (Reporting by John McCrank; Editing by Derek Caney) |
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peterboro1
join:2006-11-03
Peterborough, ON
| reply to Krispy
Well it seems I and thousands of residents of Peterborough have an alternative to Cogeco. I posted a question in this thread:
»Here is a I-Zoom flyer in mailbox today, anyone try them?
for a friend who lives in Dialupville Ontario. Low and behold a rep. from Nexicom posted some interesting information. While caps aren't an issue right now for myself, although by the sounds of it they might, it's nice to know I have a choice.
BTW Krispy will you need a drink tonight?  |
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exseven
Premium,VIP
join:2003-05-23
Beamsville, ON
1 edit | reply to xeroid2
said by xeroid2 :This is Corporate GREED to the MAX. One of the reasons we are in a recession today. Krispy can make NO JUSTIFICATION or defend this move by Cogeco to gouge it's own customers. Not with the profits and revenue increases that are easily found all over the net. Krispy, show us a report where Cogeco is hurting SO BAD that they just HAD TO DIP INTO THEIR CUSTOMERS POCKETS once again. Fortunately, we don't have to be Cogeco customers if we choose .... and this move will make all COGECO CUSTOMERS RE-THINK about who they want as their media provider. I HOPE THIS HITS THE CBC NEWS TONIGHT OR TOMORROW ! * Revenue rose 18.9 pct to C$299.4 mln TORONTO, Jan 14 (Reuters) - Cogeco Cable Inc (CCA.TO) reported a stronger quarterly profit on Wednesday, helped by growth in its Canadian operations. The Canadian media company earned C$23.6 million ($19.3 million), or 48 Canadian cents a diluted share, in the first quarter ended Nov. 30, up from C$20.4 million, or 42 Canadian cents a share, a year earlier. Revenue was C$299.4 million, up 18.9 percent from C$251.8 million from the fourth quarter last year. ($1=$1.22 Canadian) (Reporting by John McCrank; Editing by Derek Caney) maybe you should look at the actual numbers before posting media garbage.
revenue went up 18.9%... great... what did Operating Costs increase by?
Pretty much by a quick look at the quartly books (that are public) everything increased by about 17% Costs and Revenue so that means the company made money and thats bad? |
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QuickSurfer
join:2001-12-15
Georgetown, ON | reply to Krispy
Well Cogeco
It's been real. |
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Shamans
join:2007-09-22 | reply to Krispy
Atleast most of you have DSL alternatives haha....oh man...I'm stuck ;( |
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Yllzarith
Tech Support minion
join:2002-05-27
Burlington, ON
·Cogeco Cable
| reply to DrunkenClam
said by DrunkenClam :To try and lie about it is disgracful. Cogeco wants to make more money by getting people to use their internet less. It's all corporate greed. If we wanted to do that don't you think we would start charging at a lower usage level by lowering the caps? |
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Snickerdo
Premium
join:2001-02-28
Niagara Falls, ON | reply to Krispy
Thanks for posting this. I'm glad to see that there'll be limits, but I'm a little miffed that the maximum on Pro is $50 while everything else is $30. That just isn't cool. Should be $30 all around. |
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xeroid2
join:2009-01-22
Kingston, ON
| reply to exseven
said by exseven :Revenue was 299.4M, please post what the net income was. thanks Re read it exseven ... Cogeco is paying dividends in a recession! That means they are doing extremely well profit wise.
Just Google and you will see for yourself.
THIS IS Corporate Greed ... no way around it. It's what screws up our economy and puts people out of work. |
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diskdocx
join:2005-09-26
Burlington, ON
·Cogeco Cable
| reply to Krispy
Well, thanks for the info. I'm not opposed to this route. I do think that there needs to be a mechanism for people to use more than the current caps, and I don't think it's unfair for them to be charged a reasonable rate.
Not sure yet if this is reasonable, but I won't debate that here. I've never thought cutting people off was the right route to go.
One glaring issue does come up however.
Why are those who are paying the most for monthly service, also subject to the highest overage charge cap?
While I appreciate that the per gig cost is cheapest in the pro account, and you will quickly eat up overage costs in the standard, the monthly price of standard + the maximum overage is approximately the same price as the base pro account.
In otherwords, I am paying $70 per month now for 100gigs. If I downgrade to standard, I will pay $45 for 60 gigs. If I actually use 100 gigs on standard, which apparently is now allowed, it will cost me $75. (40 gigs over x $1.50 per gig is $60, but the cap is $30).
If I continue to download to lets say 120 or 150 gigs, it will still only cost me $75. On pro, it would now cost $120 to go to 150 gigs.
Without being overly argumentative, could you please explain this rationale?
I guess I might as well downgrade to standard, pay the overage, and use my 100 gigs, or even a bit more. |
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DrunkenClam
join:2008-09-29
·Cogeco Cable
| reply to exseven
said by exseven :Revenue was 299.4M, please post what the net income was. thanks Hopefully it's not enough so stock holders can revolt and get rid of the people making these awful decisions.
Here is a link to the the video conference some of the Cogeco "execs" will be holding. Call the number and get your way into listening to see how greedy these fat cats are:
»www.marketwire.com/press-release···970.html
All of North America is in recession from letting corporate greed rule with no regulation, and the equivalent will happen to Canada's internet as well if the government doesn't do something to stop this greed. More competition is needed! |
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Snickerdo
Premium
join:2001-02-28
Niagara Falls, ON
1 edit | reply to diskdocx
said by diskdocx :I guess I might as well downgrade to standard, pay the overage, and use my 100 gigs, or even a bit more. I was thinking the exact same thing. There's no longer any incentive for me to stay on Pro. I can handle the drop to 10Mbit from 16 just fine. The very worst I'd be paying on Standard is the same as what I'm paying on Pro right now.
--
I swear that I will be faithful and bear true allegiance to Her Majesty Queen Elizabeth the Second, Queen of Canada, Her Heirs and Successors, and that I will faithfully observe the laws of Canada and fulfil my duties as a Canadian citizen. |
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xeroid2
join:2009-01-22
Kingston, ON
| said by Snickerdo :said by diskdocx :I guess I might as well downgrade to standard, pay the overage, and use my 100 gigs, or even a bit more. I was thinking the exact same thing. There's no longer any incentive for me to stay on Pro. I can handle the drop to 10Mbit from 16 just fine. The very worst I'd be paying on Standard is the same as what I'm paying on Pro right now. OH GOD BE CAREFUL .... Cogeco will figure out a way now to make sure a downgrade is not as attractive. GREED does not end on it's own .... it must be stopped! |
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DrunkenClam
join:2008-09-29
·Cogeco Cable
2 edits | reply to Snickerdo
said by Snickerdo :Thanks for posting this. I'm glad to see that there'll be limits, but I'm a little miffed that the maximum on Pro is $50 while everything else is $30. That just isn't cool. Should be $30 all around. I guess they read your thread on how people pay for speed and not bandwidth...lol
It's funny how you get screwed over the most out of this...Karma is a lovely thing  |
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Snickerdo
Premium
join:2001-02-28
Niagara Falls, ON
| reply to DrunkenClam
Re: Usage Billing
said by DrunkenClam :I guess they read your thread on how people pay for speed and not bandwidth...lol 10 is fine. 4 is not. |
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rickardsred
join:2004-08-20
St Catharines, ON
| reply to Krispy
Its amusing that cogeco implements usage based billing right around the same time that bell applies to the CRTC for changes to tarrifs that would impose the same 60GB cap and usage based billing on all DSL resellers.
Welcome to the internet in canada. Enjoy your 60GB wherever you go.... |
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hse
High Speed Edition
Premium
join:2003-10-25
ON, Canada | So if you pay the overages, is there any limit to how much you could download? |
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