Cablevision 101Mbps: $300 'Activation Fee' > Corp exec retirement fund contribution fee?

Corp exec retirement fund contribution fee?

Probably they don't have actual capacity to sell to their entire usebase, but this gives them bragging rights without offering a viable product.

reply to Bit
More along the lines, it cost $750/sub to upgrade to DOCSIS 3.0 according to Cablevision. So hit up the subs wanting DOCSIS 3.0 with a $300 upfront fee, recoup some of the costs.

How much did it cost to upgrade VZ subs with FiOS?

reply to SLD
at $99/month it's not intended for their "entire userbase".

reply to Bit
$700 per house passed, then $700 per installation/subscription.

So there goes that CV excuse.

reply to UofMiamiGrad
VZ spends several hundred per sub for FiOS and they don't have $340 install/activation fees.

reply to Bit
Of course they really want a lot of people to order this, it would kill their network

reply to UofMiamiGrad
It's the early adopter tax. Just the same as how most other things are really expensive at first, LCD TVs, CD Players, DVD Players etc. The people who want bragging rights will pay it and go on. Then when they are ready for mass market it will go away.

reply to Bit
A $300 fee on top of a $99/month cost will not keep anyone that needs this level of service from getting it. It works out to 129/month if it is kept a year. What is does is keep someone who wants to just try it out short term from jumping in and out.
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reply to Bit
What we have here is another case of corporate greed. The cable companies will be the next ones to go to DC asking for a handout. Wait and see.

Why is broadband so expensive in the US when compared to the rest of the world? I think it has, in large part, to do with the mentality of greed that has overcome this country.

It used to be that people wanted to simply make a living. Now they want to make a killing.
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"Understanding is a three-edged sword."

reply to battleop
IIRC I paid $300 for my first cable modem

reply to TheWiseGuy
Of course it would which is why their major competitors don't do it. You don't think Verizon would charge $300 for every top tier install if they thought they could get away with it?

reply to TheWiseGuy

Then you would do an ETF, not an activation fee. This is just a junk fee so they can advertise $99 without having to charge "only" $99.

reply to Bit
More like you're paying for the Docsis 3.0 modem up front. If anything you should own that outright if you bought into this package.
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reply to Bit
Because Verizon has a popular wireless division and landline income.
All those rural people paying $67 for POTS and $8 dollars for caller ID helped contribute.
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You can't make all the people happy all of the time. But it should be common sense to shoot for the majority.

And CV has lucrative video, voice and HSI income.