Thread View: uk.telecom.mobile
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Started by Java Jive
Wed, 28 Jun 2023 11:11
Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: Java Jive
Date: Wed, 28 Jun 2023 11:11
Date: Wed, 28 Jun 2023 11:11
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Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes https://www.theguardian.com/business/2023/jun/27/mobile-and-broadband-firms-accused-of-fuelling-uk-greedflation-with-major-price-hikes "Analysis published by the Guardian today reveals that six companies controlling most of the telecoms market all charged a 3.9 percentage point supplement on top of their annual inflation-linked increases this year." -- Fake news kills! I may be contacted via the contact address given on my website: www.macfh.co.uk
Re: Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: Mark Carver
Date: Wed, 28 Jun 2023 11:37
Date: Wed, 28 Jun 2023 11:37
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On 28/06/2023 11:11, Java Jive wrote: > Mobile and broadband firms accused of fuelling UK ‘greedflation’ with > major price hikes > https://www.theguardian.com/business/2023/jun/27/mobile-and-broadband-firms-accused-of-fuelling-uk-greedflation-with-major-price-hikes > > > "Analysis published by the Guardian today reveals that six companies > controlling most of the telecoms market all charged a 3.9 percentage > point supplement on top of their annual inflation-linked increases > this year." > The article fails to acknowledge that electricity prices for businesses has more than trebled since March 2023. I do agree though, the companies need to be far more transparent with their costs, and how they arrive at these increases
Re: Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: Andy Burns
Date: Wed, 28 Jun 2023 11:42
Date: Wed, 28 Jun 2023 11:42
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Java Jive wrote: > "Analysis published by the Guardian today reveals that six companies > controlling most of the telecoms market all charged a 3.9 percentage > point supplement on top of their annual inflation-linked increases this > year." Top "analysis" by the Guardian! O2: "Each year, your Airtime Plan will be increased by the RPI rate of inflation announced in February plus 3.9%" EE: "Each year, we adjust the prices of our products and services in line with the Consumer Price Index (CPI) rate of inflation, plus 3.9%" Vodafone: "Every year in April, we increase your monthly bill by the CPI (UK Consumer Price Index), plus 3.9% to cover the increasing costs of running our network" Three: "Your Monthly Charge will increase annually each April by an amount up to the December CPI Rate, published in January of that year, plus 3.9%" I wonder what the office junior did for the remaining 7h56m of the day?
Re: Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: Mark Carver
Date: Wed, 28 Jun 2023 11:47
Date: Wed, 28 Jun 2023 11:47
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On 28/06/2023 11:42, Andy Burns wrote: > Java Jive wrote: > >> "Analysis published by the Guardian today reveals that six companies >> controlling most of the telecoms market all charged a 3.9 percentage >> point supplement on top of their annual inflation-linked increases >> this year." > > Top "analysis" by the Guardian! > > O2: "Each year, your Airtime Plan will be increased by the RPI rate of > inflation announced in February plus 3.9%" > > EE: "Each year, we adjust the prices of our products and services in > line with the Consumer Price Index (CPI) rate of inflation, plus 3.9%" > > Vodafone: "Every year in April, we increase your monthly bill by the > CPI (UK Consumer Price Index), plus 3.9% to cover the increasing costs > of running our network" > > Three: "Your Monthly Charge will increase annually each April by an > amount up to the December CPI Rate, published in January of that year, > plus 3.9%" > > I wonder what the office junior did for the remaining 7h56m of the day? > The national newspapers, and now following the local ones with 'cut and pasted' drivel, without analysis.
Re: Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: Andy Burns
Date: Wed, 28 Jun 2023 12:16
Date: Wed, 28 Jun 2023 12:16
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Jeff Gaines wrote: > Andy Burns wrote: > >> O2: "Each year, your Airtime Plan will be increased by the RPI rate of >> inflation announced in February plus 3.9%" > > Plus Net did the same. I'd love to know how they all happen to have come up with the +3.9% bit independently? At first I assumed it was some maximum allowable by OFCOM, but that isn't the case, they're investigating ...
Re: Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: Java Jive
Date: Wed, 28 Jun 2023 12:40
Date: Wed, 28 Jun 2023 12:40
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On 28/06/2023 11:55, Jeff Gaines wrote: > > On 28/06/2023 in message <kg2h44F3802U1@mid.individual.net> Andy Burns > wrote: >> >> Java Jive wrote: >>> >>> "Analysis published by the Guardian today reveals that six companies >>> controlling most of the telecoms market all charged a 3.9 percentage >>> point supplement on top of their annual inflation-linked increases >>> this year." >> >> Top "analysis" by the Guardian! >> >> O2: "Each year, your Airtime Plan will be increased by the RPI rate of >> inflation announced in February plus 3.9%" > > Plus Net did the same. So this is price-fixing. Are you saying that the Guardian are wrong to report it? -- Fake news kills! I may be contacted via the contact address given on my website: www.macfh.co.uk
Re: Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: Andy Burns
Date: Wed, 28 Jun 2023 13:07
Date: Wed, 28 Jun 2023 13:07
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Java Jive wrote: > So this is price-fixing. Not exactly, there are all sorts of starting prices, just that they happen to go up at RPI+X% or CPI+X%, if you shop around (or even renew contract without moving) it's still possible to pay less or get more.
Re: Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: Java Jive
Date: Wed, 28 Jun 2023 13:28
Date: Wed, 28 Jun 2023 13:28
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On 28/06/2023 13:07, Andy Burns wrote: > Java Jive wrote: > >> So this is price-fixing. > > Not exactly, there are all sorts of starting prices, just that they > happen to go up at RPI+X% or CPI+X%, if you shop around (or even renew > contract without moving) it's still possible to pay less or get more. The point of the report seems to be that seemingly all or nearly all of the market are upping their prices by inflation (however measured) + 3.9%. However achieved, the commonality of the 3.9% part seems like price-fixing to me. -- Fake news kills! I may be contacted via the contact address given on my website: www.macfh.co.uk
Re: Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: Java Jive
Date: Wed, 28 Jun 2023 14:20
Date: Wed, 28 Jun 2023 14:20
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On 28/06/2023 14:16, Jeff Gaines wrote: > On 28/06/2023 in message <u7h670$1opbs$1@dont-email.me> Java Jive wrote: > >> On 28/06/2023 11:55, Jeff Gaines wrote: >>> >>> On 28/06/2023 in message <kg2h44F3802U1@mid.individual.net> Andy >>> Burns wrote: >>>> >>>> Java Jive wrote: >>>>> >>>>> "Analysis published by the Guardian today reveals that six >>>>> companies controlling most of the telecoms market all charged a 3.9 >>>>> percentage point supplement on top of their annual inflation-linked >>>>> increases this year." >>>> >>>> Top "analysis" by the Guardian! >>>> >>>> O2: "Each year, your Airtime Plan will be increased by the RPI rate >>>> of inflation announced in February plus 3.9%" >>> >>> Plus Net did the same. >> >> So this is price-fixing. Are you saying that the Guardian are wrong >> to report it? > > I said "Plus Net did the same." I said nothing about the Graudian > reporting it. I was guilty of some ambiguity there: I was intending to use your additional example to illustrate the price-fixing, thus showing to those back in the thread history who had criticised The Guardian that the newspaper was right to cover the story, but did not make this distinction clear in my reply, for which apologies. -- Fake news kills! I may be contacted via the contact address given on my website: www.macfh.co.uk
Re: Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: Chris
Date: Wed, 28 Jun 2023 16:51
Date: Wed, 28 Jun 2023 16:51
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Java Jive <java@evij.com.invalid> wrote: > Mobile and broadband firms accused of fuelling UK ‘greedflation’ with > major price hikes > https://www.theguardian.com/business/2023/jun/27/mobile-and-broadband-firms-accused-of-fuelling-uk-greedflation-with-major-price-hikes > > "Analysis published by the Guardian today reveals that six companies > controlling most of the telecoms market all charged a 3.9 percentage > point supplement on top of their annual inflation-linked increases this > year." Hardly a surprise as it's been written in every contract and made very clear. This is simply them doing as they said they would. The real problem is OFCOM never put a cap on it, plus allowed the supplement to be so high. And finally, last year the major providers all removed 12-18 month contracts so anyone with a recent contract is locked into two big price hikes.
Re: Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: Tweed
Date: Wed, 28 Jun 2023 17:10
Date: Wed, 28 Jun 2023 17:10
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Chris <ithinkiam@gmail.com> wrote: > Java Jive <java@evij.com.invalid> wrote: >> Mobile and broadband firms accused of fuelling UK ‘greedflation’ with >> major price hikes >> https://www.theguardian.com/business/2023/jun/27/mobile-and-broadband-firms-accused-of-fuelling-uk-greedflation-with-major-price-hikes >> >> "Analysis published by the Guardian today reveals that six companies >> controlling most of the telecoms market all charged a 3.9 percentage >> point supplement on top of their annual inflation-linked increases this >> year." > > Hardly a surprise as it's been written in every contract and made very > clear. This is simply them doing as they said they would. > > The real problem is OFCOM never put a cap on it, plus allowed the > supplement to be so high. > > And finally, last year the major providers all removed 12-18 month > contracts so anyone with a recent contract is locked into two big price > hikes. > > That’s just not true about the removal of 12 to 18 month contracts. Yes, the operators push the 24 month contracts, but shorter contracts have always been available, but at a higher price. In fact a quick look today shows 24/12/1 month radio buttons on their sim only front pages.
Re: Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: Java Jive
Date: Wed, 28 Jun 2023 17:12
Date: Wed, 28 Jun 2023 17:12
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On 28/06/2023 16:56, Richmond wrote: > > Some of the price rises are not 3.9% > > TalkTalk CPI + 3.7% Mar 2021 > Shell Energy Broadband CPI + 3% Oct 2021 > Community Fibre CPI + 2.9%* Dec 2021 > > All price rises could be blamed on the energy prices, which in turn > could be blamed on lockdown, and Russia. In the absence of a smiley, I have to assume that you're being serious in blaming energy prices on lockdown. :-( There was a temporary increase in energy prices as the world came out of lockdown, but that was a year or more ago, the main driver in the long term has been the Ukraine War. It's so typical of today's dishonesty in politics that anything and everything else is used to blame our economic condition rather than the failed economic policies of those who have had over a decade in charge of it. -- Fake news kills! I may be contacted via the contact address given on my website: www.macfh.co.uk
Re: Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: Java Jive
Date: Wed, 28 Jun 2023 19:50
Date: Wed, 28 Jun 2023 19:50
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On 28/06/2023 18:24, Richmond wrote: > Java Jive <java@evij.com.invalid> writes: > >> On 28/06/2023 16:56, Richmond wrote: >>> Some of the price rises are not 3.9% >>> TalkTalk CPI + 3.7% Mar 2021 >>> Shell Energy Broadband CPI + 3% Oct 2021 >>> Community Fibre CPI + 2.9%* Dec 2021 >>> All price rises could be blamed on the energy prices, which in turn >>> could be blamed on lockdown, and Russia. >> >> In the absence of a smiley, I have to assume that you're being serious >> in blaming energy prices on lockdown. :-( >> >> There was a temporary increase in energy prices as the world came out >> of lockdown, but that was a year or more ago, > > The dates up there are in 2021. > > But the effects of lockdown are much longer term anyway. Some people are > still working from home. Can you show that the effects of lockdown were > temporary? or is that just your opinion? It depends what effects we are talking about ... By definition, the effects of lockdowns on energy prices were undeniably temporary, because we have long since returned to normal. If now more people are working from home, that is just part of a new normal because the pandemic showed them that they could do it. -- Fake news kills! I may be contacted via the contact address given on my website: www.macfh.co.uk
Re: Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: Abandoned_Trolle
Date: Wed, 28 Jun 2023 20:43
Date: Wed, 28 Jun 2023 20:43
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On 28/06/2023 11:11, Java Jive wrote: > Mobile and broadband firms accused of fuelling UK ‘greedflation’ with > major price hikes > https://www.theguardian.com/business/2023/jun/27/mobile-and-broadband-firms-accused-of-fuelling-uk-greedflation-with-major-price-hikes > > "Analysis published by the Guardian today reveals that six companies > controlling most of the telecoms market all charged a 3.9 percentage > point supplement on top of their annual inflation-linked increases this > year." > I have just come to the end of a 2 year contract with TalkTalk and signed up for another 2 years - and its now £2 a month cheaper than the last renewal. -- random signature text inserted here
Re: Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: Chris
Date: Wed, 28 Jun 2023 21:47
Date: Wed, 28 Jun 2023 21:47
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Tweed <usenet.tweed@gmail.com> wrote: > Chris <ithinkiam@gmail.com> wrote: >> Java Jive <java@evij.com.invalid> wrote: >>> Mobile and broadband firms accused of fuelling UK ‘greedflation’ with >>> major price hikes >>> https://www.theguardian.com/business/2023/jun/27/mobile-and-broadband-firms-accused-of-fuelling-uk-greedflation-with-major-price-hikes >>> >>> "Analysis published by the Guardian today reveals that six companies >>> controlling most of the telecoms market all charged a 3.9 percentage >>> point supplement on top of their annual inflation-linked increases this >>> year." >> >> Hardly a surprise as it's been written in every contract and made very >> clear. This is simply them doing as they said they would. >> >> The real problem is OFCOM never put a cap on it, plus allowed the >> supplement to be so high. >> >> And finally, last year the major providers all removed 12-18 month >> contracts so anyone with a recent contract is locked into two big price >> hikes. >> >> > > That’s just not true about the removal of 12 to 18 month contracts. Yes, > the operators push the 24 month contracts, but shorter contracts have > always been available, but at a higher price. In fact a quick look today > shows 24/12/1 month radio buttons on their sim only front pages. Sorry to be unclear, but I didn't mean they permanently removed them. For a while before christmas to a bit after apart from a couple of exceptions the 12/18 months contracts went missing.
Re: Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: Java Jive
Date: Fri, 30 Jun 2023 01:13
Date: Fri, 30 Jun 2023 01:13
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On 29/06/2023 19:36, Richmond wrote: > > Java Jive <java@evij.com.invalid> writes: >> >> It depends what effects we are talking about ... >> >> By definition, the effects of lockdowns on energy prices were >> undeniably temporary, because we have long since returned to normal. >> If now more people are working from home, that is just part of a new >> normal because the pandemic showed them that they could do it. > > This doesn't sound normal to me: > > https://www.theguardian.com/education/2023/jun/28/one-in-10-gcse-year-pupils-absent-from-english-schools-each-day Nothing to do with energy prices. > And note that energy prices affect everything, because everything > requires energy to produce. Indeed, but ... > https://theconversation.com/energy-prices-how-covid-helped-them-to-surge-and-why-they-wont-go-down-any-time-soon-175679 ... that article is over a year old, before the beginning of the Ukraine War, so unsurprisingly doesn't mention it. As already pointed out and still quoted above, the rise in prices after lockdown was a temporary effect. The predominant factor keeping prices high now is the war, and the need for the world to find alternative sources of energy to those from Russia. -- Fake news kills! I may be contacted via the contact address given on my website: www.macfh.co.uk
Re: Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: ponyface
Date: Fri, 30 Jun 2023 18:53
Date: Fri, 30 Jun 2023 18:53
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On 28/06/2023 11:37, Mark Carver wrote: > On 28/06/2023 11:11, Java Jive wrote: >> Mobile and broadband firms accused of fuelling UK ‘greedflation’ with >> major price hikes >> https://www.theguardian.com/business/2023/jun/27/mobile-and-broadband-firms-accused-of-fuelling-uk-greedflation-with-major-price-hikes >> >> "Analysis published by the Guardian today reveals that six companies >> controlling most of the telecoms market all charged a 3.9 percentage >> point supplement on top of their annual inflation-linked increases >> this year." >> > The article fails to acknowledge that electricity prices for businesses > has more than trebled since March 2023. > > I do agree though, the companies need to be far more transparent with > their costs, and how they arrive at these increases would that be my electricity or theirs ????
Re: Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: ponyface
Date: Fri, 30 Jun 2023 18:57
Date: Fri, 30 Jun 2023 18:57
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On 29/06/2023 09:47, Theo wrote: > In uk.telecom.broadband Java Jive <java@evij.com.invalid> wrote: >> On 28/06/2023 13:07, Andy Burns wrote: >>> Java Jive wrote: >>> >>>> So this is price-fixing. >>> >>> Not exactly, there are all sorts of starting prices, just that they >>> happen to go up at RPI+X% or CPI+X%, if you shop around (or even renew >>> contract without moving) it's still possible to pay less or get more. >> >> The point of the report seems to be that seemingly all or nearly all of >> the market are upping their prices by inflation (however measured) + >> 3.9%. However achieved, the commonality of the 3.9% part seems like >> price-fixing to me. > > When I phoned up Plusnet to cancel my impending switch to them, on the > grounds that their 'fixed' price contract wasn't, using significant weasel > words (it said it was fixed in big letters, but the CPI+3.9% was in the > small print), the guy I spoke to was grumpy that I was cancelling and whined > that 'everyone does it, there's no point going elsewhere'. > > Which sounds like an admission of price fixing. > > (although not necessarily collusion) > > Theo well I think it was collusion and price fixing, why 3.9% why not 2.9 or 9.2% just pick a number and go.
Re: Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: "Jeff Gaines"
Date: Sun, 02 Feb 2025 15:38
Date: Sun, 02 Feb 2025 15:38
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On 02/02/2025 in message <m09hhnF34caU2@mid.individual.net> Andy Burns wrote: >Andy Burns wrote: > >>O2: "Each year, your Airtime Plan will be increased by the RPI rate of >>inflation announced in February plus 3.9%" > >This year, rather than RPI+X% we get a pounds and pence increase, which in >my case works out at 20.1% I wonder if the competition authorities have looked at this. Everybody using the same percentage looks like a cartel. -- Jeff Gaines Dorset UK There is no reason anyone would want a computer in their home. (Ken Olson, president Digital Equipment, 1977)
Re: Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: Theo
Date: Sat, 08 Feb 2025 13:29
Date: Sat, 08 Feb 2025 13:29
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In uk.telecom.mobile Andy Burns <usenet@andyburns.uk> wrote: > Woody wrote: > > > I think that should be CPI+3.9%. AFAIK only VM uses RPI. > > O2 also used RPI (at least back in 2023) > > > Controlling body is OfCom is it not? > > I think ofcom's only concern was that the increase was clear, so it > could be RPI+200% as far as they were concerned ... If it's stated upfront you can roll it into the total cost of the contract. ie it adds up to £xxx over 24months. That's the benchmark to compare deals against. With RPI+x%/CPI+y% you can't do that comparison. This is not the first example either: "first N months half price" deals aren't uncommon. 'Everyone' knows the total cost is what matters. Theo
Re: Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes
Author: Theo
Date: Sun, 09 Feb 2025 11:28
Date: Sun, 09 Feb 2025 11:28
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In uk.telecom.mobile Chris <ithinkiam@gmail.com> wrote: > Theo <theom+news@chiark.greenend.org.uk> wrote: > > In uk.telecom.mobile Andy Burns <usenet@andyburns.uk> wrote: > >> Woody wrote: > >> > >>> I think that should be CPI+3.9%. AFAIK only VM uses RPI. > >> > >> O2 also used RPI (at least back in 2023) > >> > >>> Controlling body is OfCom is it not? > >> > >> I think ofcom's only concern was that the increase was clear, so it > >> could be RPI+200% as far as they were concerned ... > > > > If it's stated upfront you can roll it into the total cost of the contract. > > ie it adds up to £xxx over 24months. That's the benchmark to compare deals > > against. With RPI+x%/CPI+y% you can't do that comparison. > > It's not trivial, but it is possible. I wrote an app that does it based on > a user-provided % increase. You can do it, but it turns an X < Y comparison into a game of second guessing what inflation is going to do. Particularly given providers are using different metrics (no rise, fixed rise in pounds, rise at CPI+%, rise at RPI+%) that's some serious spreadsheeting. Which tariff is going to come out best will be quite sensitive to the rate of inflation, which is something nobody will know in advance. That makes it basically impossible to make a comparison site that sorts by price. Better to make the providers do the inflation speculation internally when they set their pricing model, and then it's easy for consumers to decide which tariff is best for them. Theo
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