EE and O2 have announced that they will implement price hikes of 2.5% and 2.6% respectively from April onwards, affecting monthly bills of millions of Pay Monthly and SIM-only users across the country. The move will be followed by Vodafone as well but they haven't announced the rates as yet.
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EE's 2.5% increase in mobile charges will be in line with Retail Prices Index rate of inflation as on December. The rate hike will take effect from 30th March and will impact a bulk of the network's Pay Monthly, SIM-only and broadband users who joined the network or signed up for new contracts since 26th March, 2014.
“As the UK’s biggest and fastest mobile network we work hard to offer our customers great value. Like many service providers, our Pay Monthly plans increase by RPI annually. This year our customers will see a typical rise of less than 80p a month. We’re currently contacting our customers to remind them this will take effect from 30 March 2017,” said an EE spokesperson.
O2's price hike will stand a little higher at 2.6% which is based on Retail Prices Index rate of inflation as on January. The price hikes would mean 'a typical increase of up to 80p a month – or £9.60 a year – for EE customers' and £5.52 a year for O2 customers. However, Pay As You Go customers won't be impacted by the hikes.
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“We’ll be adjusting our monthly tariff charges by 2.6% in line with the RPI change that applies to our contracts each year - some other companies offering communication services have increased their monthly rentals by up to 9%. This adjustment means an extra charge of 46 pence per month for customers on our most popular pay monthly tariff and we’ll contact customers next week to let them know the change will be reflected from their April bill. We’ll continue to invest in our network and the services that matter to our customers while still offering great value for money,” said an O2 spokesperson.
Vodafone is also expected to raise its prices in line with the RPI rate of inflation which will be announced in March. All contract and SIM-only customers who do not enjoy Vodafone's price promise will be impacted by the hike. These customers will be those who joined the network or upgraded since 6 May 2016.