Last month, we reported that those using Optimum as their cable TV provider would be seeing a $20+ price hike on their February bill. Now, those increased prices have gone into effect, and many customers are saying they’re surprised by their new bill.
When we first reported on the increase, Altice reached out with the following statement.
Our recent rate adjustments reflect the rising cost of programming, which continues to impact pay-tv pricing industrywide. We continue to invest in our network and services to bring more value to our customers, including launching faster broadband speeds and making enhancements to our Altice One platform, and we offer a variety of broadband and video packages to meet all needs and budgets.
Optimum’s high end Premiere plan now costs $129.99 per month before taxes, fees, and device rentals. The sports package has increased from $10 to $15 per month. Broadcast TV fees have increased from $7.49 to $9.99 per month. Regional sports fees have also increased from $8.97 to $10.47.
These prices are for new customers. Existing customers will have monthly increases capped at $14.50 per month, according to an Altice spokesperson.
While the price hike was announced last month, many customers were not aware of the increase and were surprised by their new bill. The warning was buried in customers’ January bills, in a section labeled “Optimum Updates.” For those who have gone paperless, the only way to find the notice was to open the PDF version of the bill.
Want to break free of the high cost of cable TV? Checkout our beginners guide to cord cutting HERE.
Did you know we have a YouTube Channel? Every week we have a live Cord Cutting Q&A, and weekly Cord Cutting recap shows exclusively on our YouTube Channel!