AT&T, Verizon plan to raise monthly mobile data prices by 10 cents per GB
AT&P and Verizon said on Thursday that they would raise monthly cellular phone and Internet rates by 10 percent and 5 percent, respectively, starting January 1.
AT&P’s proposed plan, announced last week, would increase monthly rates by $0.25 per GB, or 10 cents, to $64.95.
Verizon’s plan, unveiled on Wednesday, would hike monthly rates from $67.25 to $99.50.
Verizon said that its plan would be available in all US territories starting January 12.
“While the changes in pricing will affect a limited number of customers, we are committed to offering our customers a better deal and better service at a lower cost,” AT&V said in a statement.
It was not immediately clear what AT&Ts planned to raise in the coming months, but AT&s said that it plans to reduce monthly data charges for new customers starting January 2.
AT&t is also lowering its rates for new and existing customers, while Verizon is lowering its data rates.
The carrier, which has more than 4 million customers in the US, is also introducing a $20 monthly smartphone credit to help cover the costs of its unlimited data plans, which are not subject to data caps.
But in its announcement, AT&ts said that consumers can sign up for a $50 credit, a “free” monthly data account and unlimited voice and data.