UK mobile providers increase pay-monthly prices in line with inflation
Three and O2 customers with pay-monthly contracts will have to shell out slightly more for the services in the coming months following the latest inflation hike.
Customers with the UK mobile providers will see monthly bills rise by 2.7%, and that will take effect regardless of the length of the contract.
More specifically, O2 customers with a pay-monthly tariff that started after 23rd January 2014 will be charged the higher price from April this year.
Three customers have a little longer before the price increase as any pay-monthly or sim-only tariff with a 29th May 2015 or later start date will get a higher bill from May 2020.
Price increases are never nice for customers, but the impact is quite small this time as a £30 monthly contract, for example, will be privy to a 81p rise.
December’s rise in inflation will hit other UK mobile providers too.
EE has already announced that its prices will go up by 2.2%, while BT recently got in touch with its customers about a 1.3% hike.
Vodafone will use this month’s inflation figure to calculate its contract costs so it will make an official announcement in March.
Customers don’t have a lot of wiggle room if they are unhappy with the latest changes.
It is possible to leave mid-contract if a price rise tracks above general inflation, but this is rarely the case as mobile providers increase their prices every year in line with RPI.
Anyone who is coming out of their contract can shop around, and save money by selecting a deal that is suited to their needs.