One of Comcast’s most ludicrously profitable businesses is renting out cable modems. These devices, which allow users to access the internet over cable networks, can cost as little as $30 if you buy them used. And until recently, Comcast was renting them out to people for around $8 per month. In other words, as little as six months of modem rental fees cost more than buying a device outright.
Now Ars Technica reports that Comcast is raising its cable modem rental fee in many parts of the country to $10 per month. It might be time for you to buy your own cable modem and stop paying Comcast’s inflated rental fees.
I did this back in May. It was easy, and I’ve already saved more than the cost of the modem. You can do it too.
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