Verizon customers: Your cellphone bill is about to get more expensive

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Verizon customers: Your cellphone bill is about to get more expensive
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Consumers will see their cellphone bills increase as companies look for ways to fight inflation.

- Consumers can expect to see their cellphone bills increase as companies look for ways to fight inflation.

Each voice line for Verizon Wireless will go up $1.35, making the total administrative fee $3.13 a month, according toBloomberg also reports that Verizon representatives said business customers will see phone data plans increase by $2.20 a month and basic service plans going up by 98 cents.This move comes on the heels of AT&T announcing similar price increases.

According to Bloomberg, AT&T raised its rates on older consumer plans by $6 on single lines and $12 for families in an effort to compete with rising costs and wages.

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