We have bad news for you if you have an older T-Mobile wireless plan. According to internal company documents obtained byThe Mobile Report, rates for your plan are going up by $2 to $5 per month.
Customers with a legacy Simple Choice, ONE, or Magenta plan will likely experience price increases. The increased price applies to eachline, meaning that if you have four lines, you could potentially see a monthly increase of up to $20 per lmonth.CNETalso corroborated the report with its own sources.
Not everyone is affected, but those who are should be prepared to hear from T-Mobile soon regarding the price hikes, which take effect with the June 5 billing cycle. According to a memo from Jon Freier, president of T-Mobile’s consumer group, those with a Go5G plan and those covered by T-Mobile’s Price Lock guarantee arenotaffected by the hikes.
The Mobile Report notes that other older T-Mobile and Sprint plans may also be affected. T-Mobile completed its acquisition of Sprint in 2020.
Company documents note: “At T-Mobile, we are committed to offering the best value in wireless with low prices and a best-in-class 5G network, and we have no intention of ever changing that. As costs continue to rise, for the first time in nearly a decade we’re making small adjustments to the prices of some of our oldest rate plans. The majority of our customers are not included. ”
Rising prices are not exclusive to T-Mobile. For instance, AT&Tincreased the costof its unlimited plans by $1 earlier this year and announced ahigher pricing optionthat provides faster data speeds to customers. In March, Verizon, the nation’s biggest carrier,raised the monthly priceof its 5GB Get More phone lines by $4.
T-Mobile customers facing a price increase can switch to new plans in person or on the T-Mobile website, potentially saving them money.
