July 31, 2017

Price rises on the way?

I've not heard anything from Virgin yet but The Register is reporting:

Cable giant Virgin is once again hiking up the price of its broadband and phone bundles, according to a list of new pricing arrangements seen by The Register.
Under the "player TV bundle" new customers can sign up to a package which includes broadband and 13 TV channels at a discount of £5.50 per per month or £32 for the first year.
But changes coming into force next month mean they will initially pay £33 per month, and then £48 per month thereafter. Meanwhile, the highest end VIP bundle, which includes 97 channels, will jump from the current starting rate of £85 to £90 for the first 12 month, and then increase to £120 afterwards.
This follows a price hike last August, which saw customers hit with an increase of £42 per year for those with a broadband and phone or "big bundle" package, and just under £36 per year for those with broadband only.
The firm's student nine-month contracts are also changing from August. Virgin's entry-level broadband package for students of 50Mbps broadband is up from £26 to £33, with the 100Mbps and 200Mbps both increasing by £3 to £39 and £44 respectively. However, the 300Mbps package is being cut from £51 per month, to £49.
The price hikes come after Virgin closed 30 retail stores recently, and launched a review of the viability of 45 offices across the UK. It currently has 130 sites across the nation.


Jaunty said...

MSE also have an item on it. I will get a price for basic TV and broadband only now.

Jaunty said...

Whoops link here http://www.moneysavingexpert.com/news/broadband/2017/08/virgin-media-to-hit-customers-with-price-rise-of-up-to-48year--beat-the-hike?utm_source=MSE_Newsletter&utm_medium=email&utm_term=02-Aug-17-5652&utm_campaign=nt-oneliners-one&utm_content=1

Nialli said...

Thanks Jaunty. I saw that earlier today but have only now had time to post the details. Not the end of the world for me but again I'll review the value I'm getting from VM when I'm out of contract in February next year.

mattbuk said...

Nialli - As Virgin Media are increasing the costs, you now have the right to leave your contract early. Therefore you could try and get a better deal, as soon as you receive your letter. However, you only have 30 days to do so.

Nialli said...

After last year's ridiculous three price rises I'd expected it to be more than a £4 increase this time around - that's less than the cost of a pint in my local and doesn't justify me changing everything. I'm happy with the V6 boxes and broadband speeds.
I will review though next year when Sky will launch their "Q over broadband" service - that may impact the market in a big way if priced competitively at launch.