UK regulators are proposing a ban on mobile and broadband operators from increasing customers' prices mid-contract based on inflation measures. Ofcom, the UK's communications regulator, is leading the proposal, which aims to protect consumers from unexpected price hikes. The move comes as Comcast plans to raise TV and broadband rates again, and BT shares fall in response to the news. Additionally, in the US, PG&E has requested a rate increase, with customers potentially facing higher bills in 2024.
PG&E requests another rate increase. Here's how much you could pay in 2024 https://t.co/89K2i74nwi https://t.co/M7QSplBGlL
Last month, the California Public Utilities Commission approved a nearly 13% rate hike which you'll start seeing that on your bills starting Jan. 1. But now, PG&E has requested another hike and they're asking for another $2 billion. https://t.co/AT3YEmR0nM https://t.co/5EoIOd4q5l
BT shares fall as regulator eyes ban on inflation-linked price hikes https://t.co/rSuByFWgxv https://t.co/Q5T5gdR2yD
Ofcom proposes ban on UK telcos making 'inflation-linked' price hikes mid-contract https://t.co/atM4VWCAdi
Ofcom proposes ban on inflation-linked price rises in mobile contracts https://t.co/hvl9aYF6am
Ofcom plots mid-contract inflation-linked price hikes ban https://t.co/wPFJHII111 https://t.co/uWovh4qb2I
Ofcom plots mid-contract inflation-linked price hikes ban https://t.co/iGu5FmIbgL https://t.co/Fslnoh4Nns
UK regulators propose banning mobile and broadband operators from increasing customers’ prices mid-contract based on inflation measures https://t.co/pnzJG3vixL
Comcast to Hike TV and Broadband Rates (Yes, Again) https://t.co/eXR2Phd3nc
UK regulators propose banning mobile and broadband operators from increasing customers’ prices mid-contract based on inflation measures https://t.co/xqIs4W2xQs
UK regulators propose banning mobile and broadband operators from increasing customers’ prices mid-contract based on inflation measures https://t.co/og2cVnB4Pg
Plans to force mobile firms to set out price rises https://t.co/azVnK18dBv