Should it be legal for cable\internet companies to charge a "lease" fee on equipment once they've recouped their initial investment?
It boggles my mind that these companies can get away with this.
Time Warner charges a lease fee of $6 a month for a wired modem and $15 a month for a wireless modem. These fees never stop unless you cancel service.
Say you have services for 5 years and you lease the wireless modem for $15 a month. That equals $900. That is more than 8 times the average price of a wireless cable modem.
Once people have paid the initial cost of the modem, they should own it. Time Warner should have no right to continue charging people.
This question is in the General Section. Responses must be helpful and on-topic.