Sept 16 (Reuters) - Telecoms firm Charter
Communications ( CHTR )-owned Spectrum on Monday rolled out
cheaper internet plans that would be bundled with its mobile and
cable TV services, amid tough competition from Comcast ( CMCSA )
and AT&T's ( T ) DirecTV.
The move comes at a time when people are dumping cable TV
bundles provided by the likes of Charter for streaming services,
while wireless majors including AT&T ( T ) and Verizon are attracting
broadband customers.
Charter, which has benefited from a push into less tapped
rural areas, will from Tuesday offer the Spectrum One plan with
internet speeds of 500 megabytes per second for $30/month when
bundled with two mobile lines or cable TV.
A higher plan, with a speed of 1 gigabytes per second called
the Spectrum Gig, will be rolled out at a starting price of
$40/month.
The company also offered an increase in internet speed at no
additional cost for customers using two of its existing
broadband plans. These announcements are part of a new brand
platform called 'Life Platform', which will be rolled out in 41
states this week.
Charter is also pledging to give credits to customers in
case of an outage in its services.
In July, the company paid a $15 million penalty in
connection with three unplanned network outages and hundreds of
scheduled maintenance-related network outages which took place
last year.