NewRatings.com is reporting that SG Cowen & Co analysts believe that the “competitive pricing pressures in the US broadband market to adversely impact the share prices of cable stocks in the near term.”
Here is what BroadBand Reports has to say:
bq. Comcast for $20? Roadrunner for $26.95?. When DSL providers dropped their prices this year, there was supposed to be a full-blown price-war with cable. Well, there was no war – but some interesting, albeit regional, cable bargains emerged to indicate there’s at least the hint of a skirmish..