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Cable modem, DSL prices on the rise

Thu, 05/31/2001 - 8:00pm
Staff

Verizon and BellSouth are boosting the fees they charge for high-speed Internet access, joining AT&T in a sudden barrage of broadband price hikes made possible by the financial woes crushing their dot-com rivals.

Last month,Verizon quietly boosted the monthly fee for new subscribers to high-speed DSL from $39.95 per month to $49.95, while BellSouth was expected to boost DSL prices as well. AT&T had previously announced it was raising the monthly fee for high-speed Web access via cable TV from $40 to $46, starting in June.

A DSL price increase may also be in the works at Qwest Communications, based on comments last month by the company's top executive.

But not all major cable and telephony subscribers will be paying higher broadband rates, which generally run between $40 and $50 per month. AOL Time Warner, the number-two provider of high-speed access via cable TV, said last month it had no plans to raise its $39.95 fee.

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