📈 T-Mobile is hiking rates by $5 per line per month in response to rising costs.
📆 Customers affected will see the price increases as early as June 5th.
Key insights
Impact of Price Hikes
T-Mobile is increasing prices by $2 or $5 per line per month on certain older and senior plans, affecting a small fraction of customers.
Recently introduced Go5G plans and customers under the Price Lock guarantee are not impacted by the rate hikes.
Customer Response Options
Customers under the revised Price Lock promise can leave their contract early without fees if they find the price increases excessive, providing some flexibility.
The changes are expected to show up on customers' bills as early as June 5th, giving them a short notice period to make decisions about their plan.
Key quotes
"T-Mobile has begun notifying customers that it's hiking their rates by as much as $5 per line per month."
"Price Lock-covered plans and recent Go5G plans won't be affected, providing some relief to these customers."
"If a price increase is too much, they can give the company 60 days’ notice, and it says it will waive their final month’s fees."
This summary contains AI-generated information and may have important inaccuracies or omissions.