Verizon CFO says We're Raising Prices On Mix And Match Plans $3-$5, Starting September
Portfolio Pulse from Benzinga Newsdesk
Verizon's CFO has announced that the company will be raising prices on its Mix and Match plans by $3-$5, starting in September.
August 09, 2023 | 1:28 pm
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NEUTRAL IMPACT
Verizon's decision to raise prices on its Mix and Match plans could potentially increase revenues, but may also risk customer dissatisfaction and churn.
The price increase could potentially boost Verizon's revenues in the short term. However, it could also lead to customer dissatisfaction and increased churn if customers perceive the price increase as not providing equivalent value. The net impact on the stock price is uncertain, hence a neutral score.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100