T-Mobile Announces Price Increases for Some Legacy Plans
T-Mobile customers on older plans may soon see their monthly bills increase. The carrier has announced it will raise prices on some legacy plans starting in June, citing rising costs.
Key Points:
- Price increases of $2-$5 per voice line for customers on Simple Choice, ONE, or Magenta plans
- First price hike in nearly a decade for these older plans
- Most T-Mobile customers will not be affected
- Customers will be notified by text message
According to an internal memo from Jon Freier, president of T-Mobile's consumer group, the company is making small adjustments to the prices of some of our oldest rate plans due to rising costs. This marks the first such increase in almost 10 years for these legacy plans.
The price hikes will primarily impact customers still on Simple Choice, ONE, or Magenta plans. Affected users can expect their monthly bills to increase by $2 to $5 per voice line. T-Mobile states that the majority of its customer base will not see any changes to their current rates.
Customers subject to the price increase will receive notification via text message. The higher rates are set to take effect on June billing statements.
Potential Customer Impact
While T-Mobile frames the increases as small adjustments, even a $2-$5 per line increase could add up significantly for families or accounts with multiple lines. Customers unhappy with the change may want to explore T-Mobile's current plan offerings or consider switching carriers.
It's worth noting that when contacting customer service about the increase, users may face pressure to switch to newer T-Mobile plans. The carrier has been actively trying to migrate customers from older unlimited talk and text plans to its latest offerings.
T-Mobile's Recent Moves
This price hike comes on the heels of several major moves by T-Mobile:
- In 2020, T-Mobile completed a $26 billion merger with Sprint, becoming the largest telecom company in the US.
- Earlier this month, T-Mobile acquired popular prepaid carrier Mint Mobile in a $1.35 billion deal.
As T-Mobile continues to grow and evolve its business, customers on legacy plans may need to weigh the benefits of their grandfathered rates against newer plan features and pricing structures.