Discussion
Just been advised that my mobile phone plan will rise by 8.8% in April.
This is on top of a rise of 11.9% in April 22 and 17% in April 23. How these inflationary rises can be justified is beyond me, we're being ripped off but there's nothing we can do about it as all the major operators apply the same formula.
Seems to me this is a price fixing cartel and if the government is serious about controlling inflation these companies should be subject to investigation and/ or regulation. They bang on about controlling wages to limit inflation but are happy to stand back and let private companies increase their prices by inflation plus 3.9%.
How can that be?
This is on top of a rise of 11.9% in April 22 and 17% in April 23. How these inflationary rises can be justified is beyond me, we're being ripped off but there's nothing we can do about it as all the major operators apply the same formula.
Seems to me this is a price fixing cartel and if the government is serious about controlling inflation these companies should be subject to investigation and/ or regulation. They bang on about controlling wages to limit inflation but are happy to stand back and let private companies increase their prices by inflation plus 3.9%.
How can that be?
These rises annoy me enough to renegotiate based on predicted data usage and roaming every time now, whereas before I was happy enough to pay for unlimited contracts. Makes a tiny difference to overall outgoings for me, but has cut my payments to them by 50%. Slow applause, Vodafone shareholders...
Cryssys said:
Just been advised that my mobile phone plan will rise by 8.8% in April.
This is on top of a rise of 11.9% in April 22 and 17% in April 23. How these inflationary rises can be justified is beyond me, we're being ripped off but there's nothing we can do about it as all the major operators apply the same formula.
Seems to me this is a price fixing cartel and if the government is serious about controlling inflation these companies should be subject to investigation and/ or regulation. They bang on about controlling wages to limit inflation but are happy to stand back and let private companies increase their prices by inflation plus 3.9%.
How can that be?
They do all seem to operate the same charging structure, with the exception to O2 I think who use RPI instead of CPI. It does appear something the authorities should look into.This is on top of a rise of 11.9% in April 22 and 17% in April 23. How these inflationary rises can be justified is beyond me, we're being ripped off but there's nothing we can do about it as all the major operators apply the same formula.
Seems to me this is a price fixing cartel and if the government is serious about controlling inflation these companies should be subject to investigation and/ or regulation. They bang on about controlling wages to limit inflation but are happy to stand back and let private companies increase their prices by inflation plus 3.9%.
How can that be?
Hammersia said:
Don't think Giffgaff has changed, quite happy with it and not sure what I'm missing out on.
ID mobile dont charge an annual increase during the life of the contract. Network is three and includes EU roaming as well. I dont miss EE who by the end of my contract were price gouging at the end of my contract and charging extra for roaming. equivilent phone and contract on EE was about £25 more than through ID mobile.
To be fair, the companies are investing a lot in 5G and so on,
It 's not exactly a case of Vodafone PLC printing money and their shares being through the roof.
I'll be paying about £15, for unlimited calls, and more mobile internet than I need.
Which is about what I was paying 12 years ago for the minimum deal of voice and text?
Don't forget, a big slice of your bill is effectively tax, paid to the government in the name of 'spectrum licensing'.
It 's not exactly a case of Vodafone PLC printing money and their shares being through the roof.
I'll be paying about £15, for unlimited calls, and more mobile internet than I need.
Which is about what I was paying 12 years ago for the minimum deal of voice and text?
Don't forget, a big slice of your bill is effectively tax, paid to the government in the name of 'spectrum licensing'.
Since O2 are now with Virgin Media get a double whammy with their RPI+3.9% (8.8%) figure in the same month. If the 17% wasnt already a pisstake
This mid contract price rise practice is surely a massive con and needs investigating
Edit: Ofcom have already stated the % increase will be banned but not until after their publication in Spring 2025
This mid contract price rise practice is surely a massive con and needs investigating
Edit: Ofcom have already stated the % increase will be banned but not until after their publication in Spring 2025
Here's a fun little calculation for you...
The average monthly take home in the UK is £2,297.
If we assume that average monthly salary is going to increase by 2% per annum on average - when do wages ever truly increase by much more? - and that a current £25 per month mobile bill is going to increase by an average of 7% per annum, then in just under 97 years from now, it will take the entire monthly salary of the average British worker to pay a mobile phone bill!
The average monthly take home in the UK is £2,297.
If we assume that average monthly salary is going to increase by 2% per annum on average - when do wages ever truly increase by much more? - and that a current £25 per month mobile bill is going to increase by an average of 7% per annum, then in just under 97 years from now, it will take the entire monthly salary of the average British worker to pay a mobile phone bill!
I get around this by having a 12 month SIM only contract that expires in April.
They announce the price rise. It never happens - I take out a new deal at the same or lower cost than I was already paying.
Currently on a 32GB/month plan with O2 for £8/month. Looks like I'll be able to get similar when I re-contract next month.
They announce the price rise. It never happens - I take out a new deal at the same or lower cost than I was already paying.
Currently on a 32GB/month plan with O2 for £8/month. Looks like I'll be able to get similar when I re-contract next month.
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