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T-Mobile Announces Price Increases for Some Older Plans
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Good ol’ Oligopoly at work.
As long as AT&T/Verizon are slightly higher, T-Mo can continue to raise rates and be the “cheapest”.
As long as they unofficially work together - they set the wireless industry price.
Yes there are MVNO’s, but they run off these big 3 (except for Boost, but Dish has squandered that).
Oh well, we’ll see how the market responds, but I doubt it makes a negative dent compared to their rivals prices - as intended.
As long as AT&T/Verizon are slightly higher, T-Mo can continue to raise rates and be the “cheapest”.
As long as they unofficially work together - they set the wireless industry price.
Yes there are MVNO’s, but they run off these big 3 (except for Boost, but Dish has squandered that).
Oh well, we’ll see how the market responds, but I doubt it makes a negative dent compared to their rivals prices - as intended.
I linked my Cash App debit card to AutoPay and locked that card (which theres no money on it anyway). It qualifies for the discount and I manually pay my bill every month with my Card.
Strictly speaking, they DO NOT require checking or debit for auto-pay. They DO require checking or debit for the $5 auto-pay discount.
Given how consumers are currently reacting to corporations that use inflation as an excuse for increasing plan pricing T-Mobile needs to be careful.
The trick I was told to get around this, and it works, is to pay all but $1 on your credit card, then have TMobile auto-pay the rest of your bill on your debit card. It doesn't do anything for security purposes, but if you paid via credit for the points bonus, this works.
We moved to AT&T recently from T-Mobile and thankful we did. Much better rural coverage and we’re getting 50% off the lines due to a specific employee discount.
Unsure if it is allowed to be discussed here, but considering opening up spots on the account for others via CircledIn or with reputable Reddit accounts.
Unsure if it is allowed to be discussed here, but considering opening up spots on the account for others via CircledIn or with reputable Reddit accounts.
T-Mobile today revealed that it will be increasing the monthly prices of some of its older plans in the U.S. by $2 to $5 per line.
Affected customers will receive a text message from T-Mobile if their plan will be receiving a price increase, which will take effect next month. Affected plans appear to include certain T-Mobile ONE, Simple Choice, and Magenta plans.
In its text message to customers, T-Mobile said this is the first time that it has changed the prices of some of its monthly plans in "nearly a decade."
"We're adjusting prices to respond to rising costs, but we are committed to offering low prices and the best value in postpaid wireless," said T-Mobile, in response to a customer inquiry on social media platform X. "We offer customers more for every dollar they spend than ever before, especially when you consider taxes & fees included."
In an alleged memo shared with T-Mobile employees today, the carrier said "costs and inflation have risen over the past decade," but touted that it still offers the "lowest prices versus AT&T and Verizon" after the price increases. T-Mobile also ensured that customers on these older plans will retain all of their "benefits and perks."
T-Mobile did not immediately respond to our request for more information.
Article Link: T-Mobile Announces Price Increases for Some Older Plans
Gotta give your shareholders consistent revenue gains meanwhile you fund and buyout competition... therefore you raise prices. Then repeat.
It has already happened. The egg prices in 2022 and all the subsequent investigations unraveling the corporate colluding for their increased profits.
I messaged TMO support on their app and they could check whether my account was on the list of rate increases. Magenta 55+ and I’m NOT subject to the increases, though they didn’t say why.
Imagine that, pricing can't be held for over a decade. I'm shocked and outraged!
Same here, and I did get the notice. Although the thing is, even with the price increase, I'm still paying less (significantly so) for my two lines than any current plan on the "big three" for one line. And I use all of the features, particularly international data, so as much as I don't appreciate a price increase, it's still a deal for me.
Lol. I just got a text from T-Mobile:
"For the first time in nearly a decade, we're making a change to the price of some of our monthly service plans. Starting on 06/05/2024, your connected devices will increase by $2 per line per month. You'll keep all the benefits you currently enjoy, and your rate plan type and bill due date remain the same."
"For the first time in nearly a decade, we're making a change to the price of some of our monthly service plans. Starting on 06/05/2024, your connected devices will increase by $2 per line per month. You'll keep all the benefits you currently enjoy, and your rate plan type and bill due date remain the same."
Nope you will be getting it. Your plan if it’s 30 or 35/line will go up.
They were the number four carrier. They had to do something to get people's attention.
With so many resources used, they need to get something more for the work Sprint and T-Mobile did to build the 5G network.
I've had my Sprint plan for years and they've tried to change it here-and-there but it's been good. Since the 2 years after the merger is finished, I'd expect them to do much to move me to a more profitable plan. I'm just hoping that they don't end up as bad as AT&T or Verizon. I'm also hoping that they don't have another data breach.
Verizon keeps incrementally increasing my grandfathered data cap plan in an effort to make me buy an unlimited plan. I don’t have mobile signal at my house and am on wifi at home and office where I spend most of my time. I average only 1.5 Gb mobile data per month because I use wifi so much. I don’t want to pay almost 2x for unlimited data I can’t/don’t need to use.
I’m still trying to figure out why im paying $70 a month. I can prob fine some plan on some other cheapo service for $20.