AT&T customers looking to upgrade their phones will have to pay a little more this week.
The Dallas-based company will now charge $36 to upgrade a phone, double from $18 previously. The changes took effect Sunday and will apply to all upgrades.
REUTERS
AT&T is raising the price to upgrade a phone to $36.
Related Articles
Related Topics
"Wireless devices today are more sophisticated than ever before," the company said in a statement. "And because of that, the costs associated with upgrading to a new device have increased and is reflected in our new upgrade fee. This fee isn't unique to AT&T and this is the first time we're changing it in nearly 10 years."
An AT&T spokesman couldn't immediately be reached to explain the new fee in more detail. AT&T is the No. 2 U.S. wireless provider.
Sprint Nextel, the No. 3 carrier, also charges $36 to upgrade a phone. Verizon Wireless, the No. 1 carrier, doesn't charge an upgrade fee but does require customers to pay $35 to activate a phone.
Must Read
Like us on Facebook
Verizon recently irked customers when it planned to charge $2 for one-time online and telephone bill payments. But the company, a joint venture between New York-based Verizon Communications and London-based Vodafone, backed down a day later following an outpouring of criticism on social media and concern from the Federal Communications Commission.
AT&T is looking to raise revenue following its failed bid to buy T-Mobile USA for $39 billion. The deal collapsed in December following opposition from the FCC and the U.S. Department of Justice, who both cited antitrust concerns.
The deal led AT&T to pay a $4 billion breakup fee. The company recorded a $6.7 billion loss in the fourth quarter.
Shares of AT&T closed up 20 cents at $30.04.
To report problems or to leave feedback about this article, e-mail:
To contact the editor, e-mail:
Follow us on LinkedIn
LinkedIn
Popular Multimedia
Phillip Phillips: Things You Need to Know, His Girlfriend and His Victory at the American Idol [PHOTOS & VIDEO]
Top Ten Happiest Countries in the World in 2012 [SLIDESHOW]
World’s Largest Pool, The Crystal Lagoon Chile, Wows Guests At San Alfonso Del Mar Resort [PHOTOS]
Heath Ledger's 'Tree House' Bought By 'Hunger Games' Star Josh Hutcherson [PHOTOS]
