Comcast Raises Cable Modem Rental Fee > .

reply to NeoandGeo

Re: .

I bought my cable modem motorola 5100 about 5 years ago, never had any issues. It paid off for itself many times over. Just goes to show how many people have computers at home but have no idea about computers. I guess you could say what you don't know it may hurt you in this case $5 a month. Don't mean to insult anyone by it.

reply to brianiscool
Your numbers are way off. Last I checked, they had 14,000,000 HSI subscribers. Assuming (low ball) 80% rent a modem, thats about 11.5 million modems out there. So, 2 bucks more a month is more like 23 million more a year.

Edit: Thats 23 mill more per month, not year

Oh jesus....
You are all off.

11.5 million modems times $2 per month = $23million per month
$23million times 12 months = $276 million per year

And that is on top of the assumed income of $3 per modem per month which is currently $414 million per year.

So, at $5 per modem per month with 11.5 million customers renting, Comcast is pulling a tidy sum of $690 million a year.

That is all assuming the 11.5 customer base is an accurate number.
--
This world needs a Reset button

wow, now the CEO can retire his family for 600 generations.

reply to odeonkreel
Lol, youre right, i missed that completely.

reply to brianiscool
Actually that would be 12 million dollars a year. Doctor Evil 12 times over

reply to mm8
Ok, now let's flip your logic on it's head. I'm a systems analyst with 25 years experience. I've been with comcast for 5 years and been through on average a cable modem a year. At $3 a month, that's $36 a year. Cable modems were over $130 5 years ago. Now days it maybe smarter to reevaluate my decision to rent as the price of the modems has come down, however considering the failure rate I've had . . . . I'm not so sure.