Comcast slashes price of basic cable package

Number-one MSO Comcast (Nasdaq: CMCSA) has joined number two Time Warner Cable (NYSE: TWC-WI) with a 50-channel entry-level package for $29.99 a month, $10 a month less than a previous naked TV deal.

The 50 channels do not include ESPN, one of the more costly cable channels so that saves a hefty chunk of change for non-sports-crazed subscribers. What really differentiates this deal is that it's a standalone offer; previously, to get a good TV price subscribers had to also buy Internet or phone service.

Time Warner Cable has been touting a similar $29.99 package ($39.99 in New York City) as part of a new move towards flexibility. The number two provider has also nationally rolled out a high-end features-loaded "concierge" package.

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Related articles:
Cut-rate cable tiers: When all is lost, offer a (bad) deal to subs, hope cord cutting goes away
Time Warner Cable prepares to launch high-end Signature Home 'concierge service' nationally
Size matters: Time Warner Cable plots 'low-end packages'

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