Telecoms company Telkom has announced it will increase prices as a result of the country’s high inflation rate.
The network provider is not the only one feeling the inflation pinch with prospects of ensuring long-term business sustainability.
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On 1 April 2023 Telkom plans to up their fiber-to-home prices (FTTH), DSL, smart broadband plan subscriptions and voice product prices.
Expected price hikes stand at: 8% for DSL-only and DSL bundles, FTTH with an 11% increase, voice line and rental voice calling plans at 8.8%, Yep Products with a 7% increase while DSL and voice combined at a 8.4% increase.
The telecoms increase will also impact all mobile data bundles including out-of-bundle rates, sms, and data services.
On out-of-bundle voice rates users will see an increase from R 0.75 to R 0.80 per minute, with data rates increasing from R 0.32 to R 0.35 per MB.
Last week, MTN announced they too were upping their monthly subscription fees on consumer cellular contracts.
From April 1st, MTN voice call rates per minute will increase by a 4% average translated to a 10cents per minute rate.
Out of bundle rates, including SMS rates will also increase to R 0.32 per MB and R 0.35 per SMS message.
Monthly subscription fees on consumer cellular contracts will see a 5.1% increase.
Cell C was quick on the announcement of their price increases as the provider made the announcement in December 2022 for their subscription fee hikes.
Cell C’s increase averages between 5% and 6% with some as high as 12.7%.
Those with deal prices, will be affected. Deal prices mean those who bought a device with value added services may need to apply a percentage increase to their current bill.
Vodacom said: “From 1 April 2023, there will be an average tariff plan increase of 6.7%. This only applies to the tariff plan and not the overall bill, meaning there is no change to your handset financing or any value-added services. When it comes to your total bill, this means an average increase of 4.2%.”
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