AT&T (T) revealed that starting Dec. 1, the monthly price of all its home internet plans will rise by $5, The Verge reported Friday, citing a company notification to customers and a confirmation from a company spokesperson.
AT&T spokesperson Jim Kimberly explained the increase is due to rising operational costs, stating the adjustment helps "maintain the high-quality service" customers expect, the report said.
The telecom company implemented a $5-per-month increase to some customers in 2023, and another $5-per-month hike from November 2024, the report added.
AT&T did not immediately respond to MT Newswires' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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