Millions of O2 customers to be hit by record price rise – how much will YOU have to pay?

Virgin Media O2 has introduced how a lot additional cell phone clients might want to pay later this yr. Ranging from April 2022, clients with each O2 and Virgin Cell will see their payments rise by as a lot as 11.7 p.c. That is the most important value hike in years – and will see clients pay as a lot as £48 extra for his or her information plan.

O2 makes use of a set components to calculate its annual value rise, which makes use of the Retail Worth Index (RPI) (measured at 7.8 p.c final month) and provides 3.9 p.c. For comparability, on the similar level final yr, the RPI was measured at 1.4 p.c, so O2 clients would see payments rise by 5.3 p.c. That is lower than half what O2 clients will face within the coming weeks.

How a lot additional you may have to pay is determined by what kind of contract you are on and which community you are with.

Virgin Cell has mentioned that the 11.7 p.c value rise will kick in from April 1 2022 and can have an effect on what you pay for calls, texts and information. In the meantime, O2 clients the value rise can be depending on while you joined the community.

O2 clients that joined or upgraded previous to March 25 2021 will see their payments rise by the RPI charge (i.e 7.8 p.c). For those who joined or upgraded after that date their payments will rise by 11.7 p.c.

Like with Virgin Cell, the value enhance is for airtime costs and will not have an effect on the month-to-month value of your handset.

Talking in regards to the information, an O2 spokesperson mentioned: “We recognise value adjustments are by no means welcome, and all the time steadiness holding our costs aggressive with the necessity to proceed investing within the providers that our clients use and love.

“For many clients the value enhance solely applies to the airtime a part of their invoice and with our hottest tariffs costing from as little as 33p per day for superfast information with limitless minutes and texts, our clients obtain unimaginable worth in addition to additional perks reminiscent of Precedence.”

The information of the Virgin Cell and O2 value rise comes amid a price of dwelling disaster within the UK that has effects on a variety of services and products, together with power costs, petrol costs and meals costs amid surging inflation.

And whereas Virgin Media and O2 clients could also be left dissatisfied by the upcoming invoice rise, different telecoms corporations are rising payments as effectively.

This week Sky confirmed TV and broadband value rises of 9.3 p.c, whereas earlier this yr Categorical.co.uk reported on how value rises have been set for the likes of BT, Plusnet, Vodafone and EE as effectively.