Comcast To Set Limit On Amount Of Data Subscribers Can Download, Upload Monthly
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[August 29, 2008]

Comcast To Set Limit On Amount Of Data Subscribers Can Download, Upload Monthly

(InvesTrend Via Acquire Media NewsEdge)
August 29, 2008 (FinancialWire) -- Comcast Corp. (NASDAQ: CMCSA) said
that it will set an official limit on the amount of data subscribers
can download and upload each month.
Time Warner Cable Inc. (NYSE: TWC), a unit of time Warner Inc. (NYSE:
TWX), is testing caps between five gigabytes and 40 gigabytes in one
market, while Frontier Communications Corp. (NYSE: FTR) plans to start
charging extra for use of more than five gigabytes per month.
On October 1, Comcast will update its user agreement to say that users
will be allowed 250 gigabytes of traffic per month. The company has
already reserved the right to cut off subscribers who use too much
bandwidth each month, without specifying exactly what constitutes
excessive use.
Customers who go over the limit are contacted by the company and asked
to curb their usage.
The company said that curbing the top users is necessary to keep the
network fast and responsive for other users. Comcast stressed that the
bandwidth cap is far above the median monthly usage of its customers,
which two to three gigabytes.
Shares of Comcast rose 38 cents to close at $21.66, while shares of
Time Warner Cable rose 84 cents to close at $21.66 and shares of


Frontier Communication rose 28 cents to close at $12.63.
FinancialWire is a fully independent, proprietary news wire service of
Investrend Information (a division of Investrend Communications, Inc.).
FinancialWire news is written by professional journalists, dedicated
to pure journalistic standards. FinancialWire does not receive or
accept any compensation from any individual or subject company (or
representative thereof) for its news or opinions. All FinancialWire
news is available at http://www.financialwire.net . Please address any
inquiries to feedback@financialwire.net .
Free annual reports for companies mentioned in the news are available
at http://investrend.ar.wilink.com/?level=279 .

(Distributed for Investrend Communications, Inc. via M2 Communications
Ltd (www.m2.com))



Copyright ? 2008 M2 Communications Ltd.

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