It appears that beginning in April, the monthly rates of more than a million customers who use mobile phones and the internet would increase by over 14%. These customers will be affected by this change. According to an article published by the Guardian, this will put even greater strain on household budgets that are already being pushed to their breaking point by the general rising costs of living.
Large telecommunication providers such as BT, TalkTalk, Three, and Vodafone are permitted by contract to increase their costs by the same amount as inflation (as assessed by the December CPI) plus an additional 3% to 3.9%.
There are a number of industry analysts who believe that, if the price hikes are fully passed on, home internet customers will be required to pay an additional fifty pounds per year, and those who have expensive mobile phone contracts may be subject to hikes of more than one hundred pounds. Because these are price hikes that occur within the term of an existing contract, they will impact not just those persons who are in the market for a new contract but also almost everyone who utilises these services. Find more tips for saving here.
The good news is that even though these price increases are written into contracts, if you’ve completed the minimum term, there’s nothing preventing you from negotiating a lower price before the increase takes effect, which could result in you paying less in April than you do now. If there’s no headway in the negotiation, don’t worry, you can find better deals with us.
At Gigabit we have a no price-hike guarantee, unlike other providers! This is one of the many reasons why we are considered the internet champions of the midlands.
How to upgrade to Gigabit
Here are the simple steps to switch to GigaFast broadband; a more reliable and consistent pricing service.
- First, confirm that you are actually contract-free. Check all emails from your current Internet Service Provider, or call them and inquire.
- If you are contract-free follow this link to check if your address is available for service.
- If you still have a contract, call the service provider and tell them you want to cancel. You can be sure that they will try to find out why you want to leave. When you tell them you’ve found a better deal, they may try to keep you by making you similar deals. What’s the point of managing a bad service that changes all the time just because it’s cheaper for now?