Can confirm. I work for a telco and we recently upgraded our cable infrastructure to handle 100Mbit (previously 50Mbit was the fastest). All the customer needs is a DOCSIS 3.0 modem, we re-provision in our system and they'll get 100Mbit. They come into our store, swap modems, and they're done. As for the hilarious/stupid/disappointing things OP was told by sales/tech support/whoever, I can also confirm that. Every da…
Explain why you feel that is a "rip off".
More specifically if this company came to you as an employee (I assume you are an employee) and they said "hey we aren't making money and we need to reduce your salary" how would that fly with you?
Anyway I'm asking a serious question. I'd like to know the exact metrics of how you have come to determine that the company charging $50 to downgrade internet speed is ripping people off. Is it because nobody else does that? Is it because it doesn't cost them anything but a button click to downgrade?