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Report: Comcast to hike broadband, TV prices in 2017

Comcast Corp. is set to increase the rates of its broadband and TV services, with the hikes taking effect in some markets as early as Jan. 1, 2017, TV Predictions reported Dec. 9, citing a company representative.

Comcast reportedly said that the price changes are due to rising carriage costs for popular networks, including broadcast TV and sports programs. The company has begun informing its customers about the upcoming price adjustments.

In some markets, the prices of Comcast broadband services will increase by $5 from Jan. 1, 2017. In some cities where Comcast holds the cable franchise, the U.S. cable giant will increase its "broadcast TV fee" to $7 monthly from the existing rate of $5 monthly.

Meanwhile, the regional sports fee will go up to $5 per month from $3 per month.