Bills are rising across the board, and the telecoms sector is no different. What’s driving up prices for phone and broadband customers in the UK? And why might these rises not reflect reality?
Increased food prices, increased gas, National Insurance rises – now phone and broadband bills are also set to go up, amid the escalating cost-of-living crisis that’s eating up more and more of UK household and business expenditures.
Of course, we’ve all been using up more and more connectivity since early 2020, but unlike with other commodities, there isn’t any shortage of bandwidth right now. So what, if anything, is behind these rises?
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.