Cablevision's Troubling Bundle

Updated from 10:07 a.m. EDT

Cablevision's (CVC Quote) decision to pack phone service into its bundle of TV and Internet offerings had a few analysts fretting about a price war Monday.

The nation's No. 6 cable company is offering a so-called triple play of video, voice and fast Internet access for $30 apiece, or $90 a month. The promotion was advertised over the weekend and is only available to people in the Cablevision service region -- primarily the suburban New York area -- who are not already subscribers.

The $90 offer represents a steep price cut below Cablevision's current charges for the three services. In fact, if each service was purchased separately, the total bill would be about $130 a month. The company says it will honor the price for one year, and after that it will "be stepped up, but still discounted," said a company representative. ...