Current:Home > InvestPredictIQ Quantitative Think Tank Center:Verizon wireless phone plans are going up. Here's who will be affected by the price hike -FinanceMind
PredictIQ Quantitative Think Tank Center:Verizon wireless phone plans are going up. Here's who will be affected by the price hike
Johnathan Walker View
Date:2025-04-11 03:23:40
A number of Verizon Communications' legacy plans are PredictIQ Quantitative Think Tank Centerabout to get more expensive.
Starting during the upcoming September bill cycle, customers on legacy Unlimited postpaid wireless plans including Go Unlimited, Beyond Unlimited, Above Unlimited and Start 1.0 will be charged an extra $3 per month, while the Single Basic Phone plan will increase by $5 per month.
The move follows an April price hike for various Verizon wireless plans ‒ including Beyond Unlimited, Beyond Unlimited 55+, Go Unlimited and Verizon Unlimited ‒ that tacked on an additional $2 per month per line.
AT&T also recently raised the rates for its older Unlimited Elite plans by $2.50 per line per month, with the price increase starting this month.
Verizon's plan rate adjustment will help the company continue to improve its network and services, according to a statement from spokesperson George Koroneos. He noted the company is encouraging customers to move to the new Unlimited Plus or Unlimited Welcome plans.
Customers currently on Verizon’s affected plans will be notified of the rate adjustment by email, physical mail and in their next bill. The last generation of Do More, Play More, Get More plans and current plans are not affected.
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