Time Warner Bumps Modem Rental Fee to $5
Adds $20 'One Time Charge' Simply for Signing Up
Time Warner Cable CEO Glenn Britt recently crowed before investors that the company's new and unpopular modem rental fee
had room to grow
. He now appears to have carried through on that promise, with the news that the company's $4 modem fee -- is now a $5 modem fee for new users
. Alongside the new higher modem fee, Time Warner Cable is charging news users a $20 "one-time charge" simply for signing up for certain promotions. Given Comcast charges $7 for modem rentals you can expect Time Warner Cable's charge to continue growing in time (users are strongly recommended to buy their own modem
instead of throwing more money at their cable operator). As for the new $20 charge, it's just one more way these companies jack up your advertised price post sale.