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DirecTV subscription prices to increase 4%

From Bloomberg News

DirecTV Group Inc. will raise subscription prices by almost 4% on average, aiming to boost revenue yet remain competitive with cable alternatives.

The increase will take effect March 1, said the El Segundo-based satellite television provider, which has 15.7 million subscribers.

DirecTV’s average subscriber paid $72.74 a month for the service in last year’s third quarter, the company reported.

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By limiting price increases, DirecTV aims to boost sales even as cable operators such as Comcast Corp. lure customers with packages of TV, phone and Internet services.

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