Should it be legal for cable\internet companies to charge a "lease" fee on equipment once they've recouped their initial investment?
It boggles my mind that these companies can get away with this.
Time Warner charges a lease fee of $6 a month for a wired modem and $15 a month for a wireless modem. These fees never stop unless you cancel service.
Say you have services for 5 years and you lease the wireless modem for $15 a month. That equals $900. That is more than 8 times the average price of a wireless cable modem.
Once people have paid the initial cost of the modem, they should own it. Time Warner should have no right to continue charging people.
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