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Virgin Media will increase prices for broadband and TV customers by 8.8% in April. The fibre broadband provider, which is connected to some 16 million homes nationwide, has based the figure on the Retail Price Index measure of inflation published last week (4.9%) plus an extra 3.9%.
According to Virgin Media, the average price rise will be £4.16 per month. That equates to an extra £49.92 every year.
If you signed up for Virgin Media from February 8 onwards, you will not see a price rise until 2025.
And don't forget ― if you've been with Virgin Media for a little while, it's possible that you're outside of the initial contract term and can renegotiate a new deal, unlocking the prices closer to those reserved for new customers.
Virgin Media is an outlier in the telecom industry by relying on the RPI rate of inflation published in mid-February. Most of its competitors, including BT, EE, Shell Energy, and Plusnet all use the CPI (Consumer Price Index) figures published in January as the foundation of their annual price rises.
That will result in a 7.9% increase for broadband and paid-TV customers signed up with those suppliers from either March or April, depending on your supplier.
Read HERE
According to Virgin Media, the average price rise will be £4.16 per month. That equates to an extra £49.92 every year.
If you signed up for Virgin Media from February 8 onwards, you will not see a price rise until 2025.
And don't forget ― if you've been with Virgin Media for a little while, it's possible that you're outside of the initial contract term and can renegotiate a new deal, unlocking the prices closer to those reserved for new customers.
Virgin Media is an outlier in the telecom industry by relying on the RPI rate of inflation published in mid-February. Most of its competitors, including BT, EE, Shell Energy, and Plusnet all use the CPI (Consumer Price Index) figures published in January as the foundation of their annual price rises.
That will result in a 7.9% increase for broadband and paid-TV customers signed up with those suppliers from either March or April, depending on your supplier.
Read HERE
