“Inflation-Driven Price Hikes: Proximus and Telenet Increase Subscription Prices”

2023-04-29 20:10:14

Faced with inflation, telephone operators adjust their prices.

Proximus and Telenet have both announced price increases for their subscriptions. The first confirmed a price increase for the second half. The second had already announced a price increase for next June.

In either case, inflation is cited as the main reason for this price increase, scheduled for the second half of 2023. At the start of 2023, several operators had already announced price increases. prices for all their subscriptions, also citing inflation as the main reason for the hike. In January, the price increases announced oscillated between 4 and 7%, depending on the formulas chosen.

In its latest report, Proximus reveals an increase in turnover. The operator, however, indicates that its profits are down. In question? Inflation, which hits suppliers but also wages. Proximus has to cut back on its profits and therefore chooses to adjust its prices.

Telenet should be the first to adjust its prices, next June. Proximus will follow, potentially followed by other market players. Quite paradoxically, the operator had just launched a new range of subscriptions, generally more attractive to consumers. Some formulas showed a lower price, while offering more data.

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