It sucks but these prices were never sustainable to begin with. Pretty sure $50 for 1Gig cable is below cost. The majority of the cost goes to Rogers of course, for renting their last mile infrastructure.
Toronto
Toronto, Ontario, Canada
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The issue is not so much the cost at any given point tbh.
The issue is the ability for a company to just increase prices 30% with no notice on a "locked in contract".
Seems to be the norm for most companies now increasing prices quicker then anyones paycheck rises.
Yes, in general absolutely. I'm just noting this specific case isn't like your Loblaw, Rogers or Netflix increasing their prices to pad their margins because there wasn't enough for a new yacht this quarter.
Importantly, that's the nature of our neoliberal capitalist system. It's a feature, not a bug. If we want anything else we gotta put the market in its place through intervention.
I'm sure if you read the terms you were never in a "locked in contract" to begin with
It might shock you that in most European countries you can find gigabit internet for 10~30€ a month.
Here are some prices that come up for the first ISP I was able to find randomly in Italy.
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1Gbps 24.99€
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2.5Gbps 24.99€
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5Gbps 24.99€
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10Gbps 30.99€
Cable Internet
Gross.
Do yourself a favour and switch to fibre. Go with Distributel who can give you a 500 Mbps plan for under $45, and you'll get faster pings, higher upload speeds, and stable 500 Mbps downloads.
I switched from Rogers to Bell to Distributel and couldn't be happier. 1 Gbps plans are a waste of money for 99% of people, so save money anyway going to the 500 plan.