Verizon Joins AT&T in Raising Wireless Prices as Inflation Bites
- Increases are $1.35 for consumers, up to $2.20 for businesses
- Carrier joins AT&T passing along inflation pain to customers
This article is for subscribers only.
Verizon Communications Inc. will raise prices on its wireless bills for the first time in two years as the largest US wireless carrier grapples with higher costs.
Millions of consumers will see a $1.35 increase in administrative charges for each voice line starting in their June phone bill. And business customers will see a new “economic adjustment charge” beginning June 16, with mobile phone data plans increasing by $2.20 a month and basic service plans going up by 98 cents, according to Verizon representatives.