Tuesday, August 27, 2024

Data Caps are the New Cash Cow for ISPs

As internet usage explodes, so does the risk of hitting data caps. With 20% of users expected to reach 1TB per month by year's end, ISPs like Comcast see a goldmine in overage fees. Cord Cutters News recently reported that Comcast could make over $160-million a year in overage fees:

With this, Comcast and other cable companies stand to make a lot more money as they charge customers who hit their data caps extra money. For each 50 GB of data customers use over the 1.2 TB cap, Comcast will charge you $10 with a max of $100 a month. With the growth of data usage, this could become very profitable for internet providers.

If you want unlimited data, Comcast will charge you at least $25 a month as the cheapest way to get unlimited data, but if you use your own modem, it will cost you $30 extra a month.

This trend highlights the growing disconnect between internet speeds and actual usage, leaving consumers to grapple with the rising cost of staying connected in the digital age.

I solved the Comcast/Xfinity data caps issue by switching to ... Xfinity. Okay, Xfinity's NOW Internet service. It's unlimited data, modem included, and $30/month. And no, you don't have to be a senior citizen or be eligible for a government program to get it. It's available for everyone, and I switch at the first of the month. My 100 Mbps service for $30 flat rate works well for me. My Streaming Life is good.

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