Telecoms companies in the UK are set to increase mobile and broadband prices by up to 13% from April 1st. This comes as a result of new regulations implemented by Ofcom, requiring companies to display price rises in pound figures rather than linking them to inflation. The new system aims to increase transparency for customers. Customers who signed contracts before January 9th and July 2nd for Virgin Media and Vodafone respectively, may still face inflation-linked price increases. However, new customers will see fixed annual increases.
Mobile and broadband customers across the country will soon be hit by price hikes of up to 13%. It comes as telecoms companies begin confirming the rates of mid-contract price rises set to take place from April 1.
However, these prices will only take affect for customers who took out a contract on or after January 9 and July 2, respectively. Meanwhile, customers who signed up for contracts before the new policy was put in place may still be hit by inflation-linked price increases. How much your mobile and broadband bill could increase While customers who signed up before the cut-off dates will still likely see inflation-linked price rises, although this may not be as bad as previous years as inflation rates have eased significantly. Furthermore, different companies will use different rates of inflation.
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