We are barely into half a month of 2025 and Verizon has already started raising the price of its services. Verizon is significantly raising the prices of the myPlan consumers with 5 or more lines. In addition, the telecom operator is hiking the cost of the users with the older “New Verizon Plan”. Tariffs of S, M, L, XL, and XXL.
Verizon has started informing store supervisors of price hike
Verizon has reportedly started informing the store supervisors that it is raising the prices of myPlan users. An alleged Verizon store supervisor has posted regarding the price hike on Reddit.
Verizon will charge myPlan users with 5 or more lines a higher rate for telecom services. As per reports, these users would see an increase in their bills starting next month (“no sooner than” February 20 to be exact).
Verizon has started emailing its store supervisors regarding the increase in the price. The emails state that myPlan users with 5 or more lines will see a reduced multi-line discount. Also, their bills would increase by $3/month per line. If you do a little math here, all myPlan users with 5 or more lines will see at least a $15/month increase to their monthly bills.
Increase in the prices of the old “New Verizon Plan” users
The “New Verizon Plan” tariffs of S, M, L, XL, and XXL will also see an increase in their prices for users. This will go into effect from February 20, 2025. Starting next month, the company will charge single-line users $4 as an access fee per month.
The service provider will charge those with shared multi-phone accounts an additional $15/month as an access fee. Furthermore, the telco is increasing the fee for data overage from $15/GB to $20/GB.
Notably, the company already increased the pricing of some of its prepaid plans late last December due to “Administrative and Telco Recovery Charge”. This time around, Verizon is stating the need for this price hike is “due to rising operational costs”.
