God damn it, Time Warner Cable. Not again.
According to this Reuters report, Time Warner Cable is once again raising its modem rental fee. This time it's going from $3.95 to $5.99 starting in the next billing cycle. If you recall, TWC pulled this bullshit last November.
TWC is set to rake in another $150 million in revenue this year from its 12 million customers, says ISI analyst Vijay Jayant. TWC says the price increase is the "cost associated with providing the modem." Which is just bullshit. [Reuters]