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Charter is also in the midst of transforming its service so that the slowest speed across its service territory will be 60 megabits per second — double the current minimum — by the end of the year.
Having more customers would increase the benefit of even a small price hike to consumers. It also sets up cable operators to potentially begin charging the giants of the Internet world. According to Janney’s Wible, that sets up a long-term fight between "the collective interests of Google, Facebook, AOL, Netflix, Amazon, Twitter and many others against the cable lobby."
"We’re in the very early stages of what will be an intense battle," he says.
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