The telecommunications giant's moves come as inflation continues to run near a 40-year high.
Did you recently get a spam text... from yourself? You’re not alone. Verizon formally acknowledged the issue and says its team and U.S. law enforcement are investigating. Starting in June, the telecommunications giant's wireless postpaid consumer customers will see an administrative charge increase of $1.35 per voice line to $3.30. The administrative charge for data lines will remain unchanged.
In addition, the company is introducing a new "economic adjustment charge" beginning June 16 for business customers. . The consumer price index, a broad measure of the price for everyday goods including gasoline, groceries and rents, rose 8.3% in April from a year ago, slightly below the 8.5% year-over-year surge recorded in March. Prices jumped 0.3% in the one-month period from March.
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