Cable rates drop 15%-22% in markets where telcos offer video competition, according to a new study complied by University of California at Berkeley professor Yale Braunstein.
The report was commissioned and paid for by AT&T Inc.
Braunstein estimated that the average California cable bill would drop from $56.40 per month to $43.99-$47.94.
“When faced with competitive television providers, cable rates have actually gone down in many markets while services increase,” Braunstein said in a release.
