Sky, EE, BT, Vodafone, Three, Plusnet and TalkTalk confirm mobile and broadband price rises
15.02.2024 - 14:45
/ manchestereveningnews.co.uk
Many mobile and broadband customers across the country will see their prices go up in April.
Generally, firms introduce price increases for contracts in the spring by either the Consumer Price Index (CPI) or the Retail Price Index (RPI) plus an additional 3 per cent, 3.7 per cent or 3.9 per cent. Most of the calculations are based on December's inflation figures, which for 2023 stood at 4 per cent.
Uswitch calculated that customers could their annual costs go up around £27.19 for broadband and £24.23 for mobile bills on average. Not all customers will be affected by the mid-contract price hikes, so it's crucial to check how your provider will implement the increases and by how much.
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Ofcom is also currently reviewing inflation-linked, mid-contract price rises, however, any verdict from this will likely be delivered after the next price hikes. Here's a breakdown of how each provider will increase their prices in spring
BT has confirmed it will use the CPI rate plus 3.9 per cent for its price hikes on March 31. However, it highlighted that from 'early summer 2024', it will implement a new pricing model while steering away from inflation-based hikes.
A BT Consumer spokesperson said: “Starting in early summer 2024 and ahead of the implementation of Ofcom’s final ruling, we’re introducing a pricing model aligned with Ofcom’s approach, moving away from a price rise calculation based on percentage figures and CPI, and instead offering our customers a predictable long-term view of their contract terms. Annually we expect this price increase to be £1.50 for mobile customers and £3 for broadband customers.”
“Ahead of this change, our annual March 31st price