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            AT&T and Verizon Raising Prices in Response to Inflation

   Josh Centers

   Bloomberg reports that both AT&T and Verizon are raising prices in
   response to inflation. [1]AT&T is jacking up prices on legacy plans by
   up to $6 per month on single lines and up to $12 per month on family
   lines. [2]Verizon will start charging for euphemisms in June, adding
   $1.35 for 'administrative charges' for personal lines, with business
   lines seeing an additional 'economic adjustment charge' of $0.98 to
   $2.20.

   While Verizon's price increase applies to all plans, old and new, AT&T
   has focused its price increase solely on legacy plans in an effort to
   get grandfathered users to switch to its current [3]unlimited plans.
   Regardless of the price hike, it's often worthwhile to investigate
   newer plans as a way of saving money.

   It remains to be seen if T-Mobile will join AT&T and Verizon in raising
   prices, or if the brasher cellular company doubles down on its
   often-lower pricing in an attempt to lure AT&T and Verizon customers
   perturbed by their larger bills.

References

   1. https://www.bloomberg.com/news/articles/2022-05-03/at-t-is-raising-prices-on-wireless-plans-to-address-higher-costs?srnd=technology-vp
   2. https://www.bloomberg.com/news/articles/2022-05-16/verizon-raises-wireless-prices-for-consumers-business-customers?utm_medium=social&cmpid=socialflow-twitter-business&utm_content=business&utm_source=twitter&utm_campaign=socialflow-organic
   3. https://www.att.com/plans/unlimited-data-plans/

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