April 14, 2009
Time Warner 0, Eric Massa 1
Wired has coverage of NY's Democratic Congressmen Eric Massa's attempts to pass legislation banning Time Warner Cable from introducting usage caps and tiered pricing for their Roadrunner internet services. TWC has been trying out these caps and pricing structures in various markets and apparently finally stepped on the right person's toes by starting to record usage data in Rochester, New York. Wired points out that while playing the "woe is us" card, TWC has been raking in the profits, with their own annual report showing that their broadband costs were down 12% in 2008 while revenues were up 11%. Makes it a little hard to justify how the power users are beating your service providings into the ground while you're rolling around in Scrouge McDuck's vault.
