AT&T Raises Broadband Rates

Telecommunications company AT&T Inc. announced today that, starting next month, it will raise the price of its most common broadband Internet services in many of the states where it operates. The $5-per-month hike will apply in all but the states acquired with the buyout of BellSouth and will affect customers who have the company's three slowest broadband tiers, ranging from 768 Kpbs to 3 Mbps, said AT&T spokesman Michael Coe. The company decided to raise prices for some of its customers "to better reflect the value of our broadband service" as demand continues to grow for high-speed Internet services.

The price increase goes into effect in March, though affected customers have been getting notices via e-mail or in their bills since late last week.

News source: AP

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