Following a year of intense competition as US telecoms raced to one-up each other on new unlimited data plans, the promotional benefits are beginning to dry up. Cell carriers are now pulling back on deals to try to shore up revenue to offset the cost of large mergers and acquisitions and network upgrades.
According to a consumer price index for wireless service put together by the US Labor Department, the cost of a cell plan rose by 0.3 percent in June 2018 from the same time a year ago, as reported by The Wall Street Journal today. That’s the first price increase the index has recorded in two years.
The primary price increase method for US telecoms is upping the cost of unlimited data plans, which already come with built-in...
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