Verizon store sign

(Image credit: Android Central)
  • Verizon is raising prices for both business and customer accounts beginning in June.
  • The cost of its plans will remain the same with a new “economic adjustment charge” being added to customers’ bills.
  • Each voice line will be charged this additional amount so family plans will see a larger increase in cost.

Your bill is going to increase in June. The economic adjustment charge will be added to customers' bills with a set amount for each voice line. The new charge will apply to both consumer and business accounts, but some business plans will have to pay a bit more.

The cost of a voice line is going to be added to the bill. If you have more than one line with voice service, you will be charged for each one. Basic plans will increase by $0.98 and business data plans will increase by $2.20

This is the first time in two years that the carrier has increased and is linked to increases in inflation. According to 9to5 Mac, some customers on grandfathered plans have seen increases as late as 2021. The publication said that AT&T would be increasing prices for some customers.

Last week, the head of the business division of the company said that.

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We are all feeling the pressure and we have been in the process of deciding how much of it we can share with our clients.

Despite the increase in the monthly cost of its plans to consumers, Verizon is not changing the price of its plans to reflect this new charge and will continue to advertise plans at the same rate.

Some of the best cell phone plans on the market are still offered by Verizon, but there are a lot of other cheaper options out there. All fees and taxes are included with the price of the Visible brand, which offers unlimited data at a lower priority. Many people will be more than happy with the speeds on the pre-paid plans.

The changes have not yet been confirmed by the company but they have reached out to them.