T-Mobile is trying to win over AT&T and Verizon customers with a new offer that can save them up to $1,000 each month.
T-Mobile calls up AT&T and Verizon for increasing costs for regular customers at a time when inflation is taking a bite out of everyone’s pockets. The un-carrier notes that AT&T customers can now expect their bills to increase by $6 to $12 each month and also notes that Verizon has increased its monthly cost per line by $1.35.
T-Mobile, on the other hand, is adhere to its Price Lock policy, which ensures that the prices of existing wireless plans are not increased no matter what. The company has now made a great offer to AT&T and Verizon customers in the hopes that they will switch carriers.
The offer is that if families switch to T-Mobile, they can save up to 20 percent each month with three or more lines on qualifying plans. Consumers who opt for Magenta MAX will receive $200 per line through virtual prepaid cards, equating to a $1,000 savings with five lines.
When it was first reported that AT&T was planning to increase the prices of some of its older plans, a report predicted that the change, which takes effect next month, could cause it to lose tens of thousands of customers to Verizon.
Verizon will also increase prices for both home and business customers. The above fee of $1.35 is referred to as an administrative fee and will be levied from June. Business customers will also face economic customization costs, pushing the cost of data plans by $2.20 per month and the basic plan by nearly $1.
T-Mobile has challenged AT&T and Verizon to come up with something like Price Lock, which keeps fixed wireless access (FWA) service prices at $50 per month indefinitely.