Comcast Plans Data Limits for Its Customers

The company might set monthly data limits of 350GB or 500GB

   

Comcast Plans Data Limits for Its Customers

Comcast (CMCSA) is planning on imposing data limits for all of its internet customers.

Comcast185 Comcast Plans Data Limits for Its CustomersThe company’s plan would essentially add extra charges to users who go over the allotted monthly data limits. The move would see Comcast follow Apple’s (AAPL) data model which charges extra for customers who go over their data limit.

The company has yet to set a limit but it believes that it would be either 350 gigabytes or 500 gigabytes per month. Comcast said that these data limits would not affect most consumers as these limits are enough to download up to 125 HD movies per month.

CMCSA stock is up close to 1% Thursday.

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Article printed from InvestorPlace Media, http://investorplace.com/2014/05/comcast-data-limits-cmcsa/.

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