Verizon Wireless is Reportedly Raising Its Price on Legacy Plans





It looks like Verizon is about to raise the price of its legacy wireless plans for the 3rd time in the past year.

This comes from The Mobile Report, which says its sources have reported that Verizon will raise the price of some of its legacy plans by $3 to $5 a month starting January 23, 2023.

This would be the third price hike on Verizon’s legacy plans over the last year. Select plans went $2 a month back in February 2023 and again in July select plans went up between $3 and $5 a month.

This time around, Verizon is raising the rate of its base plan for some older plans and increasing the Economic Adjustment Charge, a fee Verizon added back in 2022. Now, that fee will jump from $0.99 a month to $3.97 a month for each smartphone and data device on a plan. Some devices like tablets will not see their fee go up.

According to The Mobile Report sources, these are the price hikes you should expect on the base plans:

Plans increasing by $5 per month effective January 23, 2024

  • The Business Unlimited Smartphone Plan
  • Business Unlimited Essentials Plan
  • Business Unlimited Plus Plan

Plans increasing by $3 per month effective January 23, 2024

  • The New Verizon Plan
  • Flexible Business Plan
  • New Verizon Plan for Business Plan

If you are impacted by this price hike, you will likely start getting notified on January 23, 2023, or later for your next bill after that.

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