Comcast Internet Plus: Psst! Hey buddy, what a cheap deal on a bundle?

In what appears as a move benefiting the consumer, last week it was reported here and here that Comcast is testing a package deal offering Limited Basic TV, HBO, and high-speed Internet access.

According to DSL Reports, the package is known as Internet Plus and includes local broadcast channels, video-on-demand, HBO, HBO Go, and 25 Mbps broadband Internet service. The deal also includes, StreamPix, a streaming video service being offered by Comcast. The trial is not available in all markets.

To those looking to shave a full dollars off the monthly bills and still have access to high quality entertainment and Internet access, this seems like a sweet deal.

Figures from DSL Reports.

However, Comcast plans to sign-up subscribers with a promotional low price. Within two years, the subscriber would pay $80 per month for Internet Plus. DSL Reports notes that the package trial begins with a promotional price of $40 to $50 monthly for one year. After that Comcast plans to charge $60-$70 for six months, then the price jumps to $70-$80 dollars per month. That is no longer a sweet deal.

Local News over-the-air TV.

For $80 per month, consumers can get a better deal from the satellite providers. (Although this does not include broadband Internet). Consumers can also get a better deal from Comcast itself with their Digital Starter and Performance Internet (20 Mbps) package.

For those looking to really save money, I would suggest purchasing a digital antenna for over-the-air HDTV reception and pick up the local channels. Then subscribe to the most basic broadband Internet service you can find. Currently, at home I am subscribing to Comcast Economy Plus (3 Mbps) for $39.99/month. I can verify that 3 Mbps is adequate for Netflix and streaming HD video.

Internet Plus looks more like an attempt to recruit some cord-cutters with a low entry fee. Like a media crack dealer, first one is always free (or cheap). When subscribers get hit with higher costs down the road combined with the wide variety of options (Chromecast, Apple TV, Roku) they may swear off cable for good.