• Verizon follows AT&T's price increase with one of its own [telecom]

    From Bill Horne@21:1/5 to All on Wed May 18 15:56:00 2022
    The company says it's trying to find a balance between price hikes and
    service

    By Gary Guthrie

    If you're a Verizon customer, get ready for a price hike. Following
    AT&T's recently announced price increase, Verizon is doing the same
    for both consumer and business accounts - the first increase the
    company has imposed in two years.

    According to Bloomberg News, consumers will pay $1.35 more per month
    starting in June for each voice line. However, those with "basic
    service" plans will only pay an additional $0.98. Verizon is couching
    the price change as an "economic adjustment charge" as opposed to an
    actual price increase. Business customers will pay up to up to $2.20
    more per month.

    https://www.consumeraffairs.com/news/verizon-follows-atts-price-increase-with-one-of-its-own-051722.html

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