Codebreaker

AT&T data rate hike

Marc Sanchez Jan 19, 2012

Too bad for AT&T that its deal to take over T-Mobile was wasn’t allowed to go through. Not only does it have to pay $4 billion to T-Mobile for the deal gone south, but it has to figure out a way to raise money for its new, faster LTE network. How to get money fast… hmmm, let’s see. I know – raise your rates! And that’s what AT&T plans to do. Starting January 22, new AT&T customers will see the following increases in data plans: $20 for 300 mb (up from $15 for 200 mb), $30 for 3 GB (up from $25 for 2 GB), and $50 for 5 GB (up from $45 for 4 GB). As you can see, you’ll get more data for the extra cost, and if you’re a current AT&T customer happy with your plan, you can keep it and stay at the same rate. AT&T’s take on the increases: they’re for the good of the customer. The Wall Street Journal spoke with an AT&T representative: “‘Data usage is increasing at about 40% a year,’ said spokesman Mark Siegel. ‘We want to give customers more data upfront.’”

Of course, if you were an AT&T wireless customer a couple years ago, you might still be one of the dwindling, lucky ones to have an unlimited data plan. No word on if/when that will change.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.