Ofcom is forcing UK telecoms companies to clearly promote mid-contract inflation-linked price rises. Is this the end of “confusing” plan changes, or do consumers still face increasing bills for connectivity?
Ofcom is delivering an early Christmas present, as the regulator has announced plans to force the UK’s telcos to be completely transparent about any inflation-linked mid-contract price rises for broadband and phone contracts.
The regulator argues in a new consultation report that the practice is “confusing”, not providing sufficient certainty about the prices customers will pay due to “uncertain future inflation” ahead of the next expected price rise in April 2024.
Cerillion plc (LON:CER) is a leading provider of billing, charging and customer management systems with more than 20 years’ experience delivering its solutions across a broad range of industries including the telecommunications, finance, utilities and transportation sectors.
