Broadband firms set for nearly £1.4 billion windfall
Broadband providers raise prices by inflation plus up to 3.9%, contracts will rise by up to 25% overnight in spring, or more than 100 a year for the average BT subscriber. Hyperoptic research found that 60% of people are unaware that their monthly broadband subscription fee will change.
Broadband is a vital service and now more than ever it needs to be affordable. Earlier this year, Hyperoptic asked Ofcom to investigate industry compliance with price change clause rules. Hyperoptic promises not to raise prices in the middle of a deal like most major players do. Yesterday, Hyperoptic launched Switch Now to provide up to nine months of free broadband to enable people to cancel their current contract and save more than 160.19 million households currently stuck in contracts that often provide them with slow and poor-quality internet, whereby A price increase is imminent in 2023.
Switchers can save money by paying their current provider an early termination fee instead of continuing their contract, while still getting Hyperoptic’s free broadband. For example, a BT customer paying £35 a month would be spending £315 over nine months. But BT’s own calculation points to an early exit fee of 153, meaning a switching customer could be better off by 162.
Hyperoptics’ full fibre optic network enables consumers and businesses to enjoy Gigabit-capable broadband at average speeds of up to 900Mbps, which is more than 18 times faster than the UK average speed. flexible packages. Hyperoptics Social Plans provide essential broadband connectivity for those facing increasing cost of living pressures. Hyperoptics Gigabit fibre broadband is available at 64 locations across the UK.
