Verizon is increasing the price of a hidden charge on the wireless bill of regular and business customers due to inflation.
. Prices increased by $6 for single-line customers and $12 for customers on family plans. These higher prices only applied to older plans, though, while every Verizon customer will feel the effects of the updated administrative charges.
“We’re all feeling the pressure and we’ve been in the process of deciding how much of that pressure we can share with our clients,” Tami Erwin, the Executive Vice President and CEO of Verizon Business explained in a recent interview prior to the price hike. Like many companies, Verizon is using the economy as an excuse to push price hikes. Now, consumers that are already feeling the effects of inflation everywhere else have one more price hike to contend with. This might be a good time to
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