Charter Launches 60 Mbps Service

ndogg writes "While other companies are throttling their services, and capping bandwidth, Charter Communications, the cable company, is launching a 60/5 Internet service, starting in St. Louis, MO. It's certainly not cheap, starting at 129.99 per month (add another 10 if it's not being bundled with television or phone.) Currently, it's the fastest down stream speed available, and being a cable company, they potentially have greater reach than FiOS." However, there may be a risk to putting too much money down on this service; Charter Communications as a company faces some serious financial problems right now. As reader Afforess writes, "rumors abound that Paul Allen may just cut his losses and run," by selling the company. (Allen is the majority stockholder.)