'T-Mobile Is Raising Prices On Several Of Its Plans; Some Customers Are Seeing Up To $5 More Per Line Per Month On Their Bills.' - The Verge
Portfolio Pulse from Benzinga Newsdesk
T-Mobile is raising prices on several of its older plans by up to $5 per line per month, affecting a small fraction of customers. The price hike is a response to rising costs and will appear on bills as early as June 5th.
May 22, 2024 | 5:34 pm
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T-Mobile is raising prices on several of its older plans by up to $5 per line per month, affecting a small fraction of customers. This move is in response to rising costs and will appear on bills as early as June 5th.
The price increase on older plans is likely to boost T-Mobile's revenues in the short term, as the company adjusts to rising costs. While it affects a small fraction of customers, the additional revenue per line could positively impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100