COMPANY TOWN ANNEX
FCC Extends Cable Rate Freeze: The Federal Communications Commission decided to continue until Feb. 15 the freeze on cable TV rate increases that has been in place since April. The freeze applies where local officials have not initiated independent rate regulation of basic cable service--roughly 28,000 of 33,000 U.S. communities serviced by cable. Despite the freeze, some consumers have seen their monthly bills go up because the FCC has permitted cable companies to restructure their rates as long as their total revenues did not rise.
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