It’s not just your imagination: Cellphone plans are getting more expensive

%name It’s not just your imagination: Cellphone plans are getting more expensive by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley

Just last week, analyst reports from Wall Street investment firms highlighted the fact that revenues for wireless networks are going up rather than down for a change. We pointed out that what’s good for Wall Street isn’t necessarily good for the consumer, and new data from the Labor Department, highlighted by the WSJ, definitively shows that those wireless company revenue increases are coming right out of your pocket.

The consumer-price index for wireless phone service, a government-calculated metric for the price of cell service, is up 0.3% in June 2018 compared to a year earlier. That might seem like an insignificant difference, but technology improvements and competition have traditionally pushed that metric down, not up; the last such increase was in July 2016, nearly two years ago.

Continue reading…

TOP AMAZON PRIME DAY DEALS:

  1. The wireless charger that should’ve come with your phone is only $9 for Prime Day
  2. Toshiba’s 50″ Fire TV Edition 4K TV at $289.99 is probably the craziest deal of Prime Day 2018
  3. Prime Day 2018 has officially begun: Here are all of Amazon’s best deals

Trending Right Now:

  1. All 2018 iPhones and two new iPads will get the iPhone X’s most controversial feature
  2. Leaked benchmarks reveal a Galaxy Note 9 that would crush the iPhone X
  3. Prime Day 2018 has officially begun: Here are all of Amazon’s best deals

It’s not just your imagination: Cellphone plans are getting more expensive originally appeared on BGR.com on Mon, 16 Jul 2018 at 19:03:56 EDT. Please see our terms for use of feeds.

Read more here:: Boy Genius Report