In a release on Monday, Flow Trinidad said it will implement a rate increase on four out of six packages for Digital and AVS cable TV from September 1.
Flow said this increase has become necessary as a result of several factors:
Changes in the value of the rate of exchange between the US and the TT dollar which has increased the cost of their services
Annual price increases from their programming providers which they no longer have the capacity to absorb. Flow said since their last price increase in 2014, Flow has received a minimum of 40 percent overall increased fees from network providers for existing channel
The addition of new content on their video platform between 2015 to present
Flow noted that their last rate increase for video occurred two years ago in 2014 and prior to that in 2012. On both occasions, rate increases were due to the inclusion of new content/channels on their packages. Flow also stressed that they have added 16 new channels to its line-up.
The Telecom company also noted the following;
On this occasion they are increasing the rates of four out of our six base packages
The rental on all additional boxes has been standardised at a price of $34.99 across all packages
In 2015 Flow launched Flow Bundles. The cost of bundles is not affected by the price increase
Flow customers can switch to bundles now to benefit from savings
The rates on all 15 theme packs or subscription packages remain the same
In 2015 they launched their upgraded IPTV – “Advanced Video Service” (AVS) which offers a superior level of cable service to all our customers.
That story courtesy LoopTT