While we pledge to hold prices as low as possible, annual adjustments are necessary because of the rising cost of content. In fact, despite our best efforts, network fees have increased at 3½ times the rate of inflation over the past 15 years. Annual rate increases for television services are almost entirely due to these ever-increasing programming license fees.
While we are forced to increase our TV rates on an annual basis, we find ourselves in a unique position to not have to increase our internet rates in 2021 or 2022. This demonstrates our commitment to our internet customers to protect rates when we’re able to do so.