Comcast's 2 Gig service is cost-prohibitive, say Portland, Ore. officials
Comcast (NASDAQ: CMCSA) may be making progress in delivering its 2 Gbps service to areas like Portland, Ore., to battle emerging threats like Google Fiber (NASDAQ: GOOG), but city officials say the $300-a-month service is cost-prohibitive for most local residents. In addition to the $300 monthly fee, customers have to shell out $1,000 to have Comcast install fiber at their residence.
The cable MSO has also been accused of using 2 Gbps "Gigabit Pro" service to try to exploit Oregon tax laws that were originally put on the books to lure competitor Google Fiber to the area.
FierceCable has this report.