January 2019 Update 2.0 - Cord Cutting
11:19AM January 28, 2019
Increase the Value of Your Home by 7%!
Check out this information from The Blandin Foundation: Home Value
New Internet Speeds for 2019!
GET Faster Internet Speed TODAY!
FACT - Fiber is the fastest most reliable Internet you can buy!
We have lowered our regular prices and increased our speeds on our NEW Internet services for our current customers:
· 200/20Mbps as low as $59.95 *
· 500/50Mbps as low as $89.95 *
· 1000/100Mbps as low as $124.95 *
* Speeds over 100Mbps require a Gigabit capable network and computers to experience the faster speeds.
To order new services just go to join.gigabitmn.com and place an order and use the Promo Code: BFC201901E4. No contract necessary.
Please do a before speed test as you sign-up for your upgrade so you can see what a faster speed does to your productivity. These will be our standard prices for non-contract customers effective April 1, 2019.
Did you know you can get a $25.00 credit on your account for every referral you get to order our services? Just tell them to use the Referral Code: RFR2019 (Your Last Name or Account Number) i.e. RFR19HICKLE or RFR19GMN1111.
TV Costs are continuing to explode! TV Networks are losing hundreds of thousands of customers a month to "Cord Cutting". It appears the Network's reaction is to simply continue to raise rates on our customers that want to remain with a traditional cable TV service. Unfortunately there is nothing we can do except keep you informed.
We are not alone:
What is Cord Cutting?
Many of us here at Gigabit Minnesota have cut the cord and are now using an Antenna and Over The Top (OTT) Video services such as PlayStation Vue, YouTube TV, Amazon Prime, Sling TV, Direct TV Now just to name a few. There are also other more specific services like Netflix, FubuTV, Curiosity Stream and many others. We have purchased Antennas, Roku, Amazon Fire, Chromecast, Apple TV and other Set Top boxes to watch these less costly services.
I wouldn’t say I get a lot of questions on Cord Cutting, as most people just cancel their TV with me and do it themselves. We have been talking internally for several years about Cord Cutting and it’s affects on our TV offering which has continued to increase in cost because of the content providers raising their costs to me. I think we have reached the tipping point where the “hassles” of Cord Cutting are better than the cost of a traditional cable offering. I personally cut my “cord” (Dish) in December and cut my cost from $133.95/mo to $53.00 per month.
Here is a quick checklist for you to answer some of your questions:
Internet – All of our speeds will be more than adequate for any cord cutting service you choose unless you have 5 to 10 TV’s going at the same time all watching different things. The 200/20 will be great the 500/50 better and the 1000/100 you will have no issues at all.
Set Tops – Chromecast, Roku, Fire, Apple TV, etc all have their benefits and detriments.
Here is some non-biased information: Set Top Comparison
OTT Services – The choice depends on what you like to watch. I liked Playstation Vue because it is similar to a regular cable offering (locals and pay stations) in a grid guide format. I chose this for my personal use because of the channels I watch (Wild Hockey). Here is a link to see the various packages they offer - PlayStation Vue
There are many options and it really is personal preference. Here is a nice website and a chart you can use to choose options:
Here is a nice non-biased site I read daily: Cord Cutters Daily
As you can see it is not an easy, simple subject and I don’t
profess to have all the answers either. Watch
our website for a list of options you can explore to lower your cost of
watching TV. Our Fiber Internet is the best Internet available to you
switch to these new OTT services and will provide you the best user
experience. Feel free to share your Cord Cutting Stories on our Facebook page.
CONTENT COST INCREASE NOTIFICATION
I am VERY DISAPPOINTED to inform all of our TV Customers of a price increase effective February 1, 2019. As you all have heard over the last several months, we have been in negotiations for the content on our TV service. These negotiations were completed with many extreme terms being negotiated out of the original proposal, but the final results of the "cost of the content" was not one of these. We are announcing the largest price increase on our content bundles in the 4.5 years we have been providing these services.
When we started 4.5 years ago our cost for Expanded Basic HD TV was $59.95. The new cost for that same content is now $105.95. Basic HD TV was $9.95 back then and the new cost is now $17.95. We are NOT changing our costs or increasing our margins on our Video services. This is an actual Content Cost increase only!
I do not see an end to these out of control cost increases from the content providers as 2019 we have multiple content negotiations coming up and in 2020, we will be in negotiations for the local "free" channels where we saw 300+% increases in the costs from the 2017 negotiations.
Stay tuned for more updates!
Jim Hickle, President Gigabit Minnesota