Verizon Raises Prices Again as Wireless Customer Growth Slows
- Latest price hike is the company’s third increase in two years
- Verizon, AT&T are aiming to boost revenue and profit margins
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Verizon Communications Inc. is raising prices on some existing wireless plans to help boost revenue and offset slumping subscriber growth.
Starting with September bills, customers on Mix and Match plans will pay $3 more for single lines and $5 extra for multiple lines, Chief Financial Officer Tony Skiadas said Wednesday during at an investor conference.