Telecoms News from NTSI

The Latest Telecoms & Infrastructure News

£1 billion double whammy hitting out-of-contract broadband customers – Uswitch data

Seven million broadband customers are suffering a double sting this spring — overpaying because they are out of contract and also facing inflation-busting price rises[1], according to Uswitch.com, the comparison and switching service.

Out-of-contract households overpay by £162 compared to those with a broadband deal on average, making a total overpayment of £1 billion[2]. And while there has been a lot of coverage of mid-contract price rises for telecoms customers, many out-of-contract customers will not realise that they too are facing yearly increases.

Annual price rises for out-of-contract broadband customers vary between 5.4% and 9.3%, and depend on when the original deal was taken out and which provider they are with. This means that many consumers will be in the dark about how much extra they will have to pay.

By switching to a new deal, households could currently save significant amounts on their broadband, with the cheapest deal currently available being Vodafone Superfast at £19 a month[4].

Table: Ten best broadband deals

Provider Product Description Monthly Cost Upfront Cost Voucher Value Contract Length
Vodafone Vodafone Superfast 2 £19 £0 £0 24 months
Virgin Media Virgin Media M100 Ultrafast Fibre broadband only £24 £0 £0 18 months
BT BT Fibre 2 Broadband £32.99 £0 £120 24 months
Virgin Media Virgin Media M200 Ultrafast Fibre broadband only £28 £0 £0 18 months
Sky Sky Superfast Broadband & Talk £26 £0 £100 18 months
TalkTalk TalkTalk Unlimited Fibre 65 and Phone Line £23.50 £0 £50 18 months
Plusnet Plusnet Unlimited Fibre Extra & Phone Line £24.99 £0 £70 18 months
NOW Broadband NOW Broadband: Super Fibre & Anytime Calls £20 £5 £0 12 months
Vodafone Vodafone Pro Ultrafast 500 £32 £0 £150 24 months
Cuckoo Cuckoo Fast Broadband £29.99 £0 £0 1 month rolling

Source: Uswitch.com, data correct as at 3pm 09/03/2022

Uswitch.com is urging bill payers to check if they are out of contract and do a quick online comparison to see the cheaper deals that could help beat inflation.

Adelana Carty, broadband expert at Uswitch.com, comments: “There has been plenty of coverage of mid-contract price rises this year, but broadband customers who are out of contract may not realise that their deal will be increasing too.

“These customers face a double whammy of extra costs, as they are both paying over the odds due to being out of contract and seeing their bills increase by up to 9.3% as well.

“If you are out of contract with your broadband supplier, there has never been a better time to save yourself money. Do a comparison today and see what deals are available.”

Find out more about how to save money on your broadband bill here.

Lisa Baker is Group Editor for the Need to See IT Publishing Group. Lisa writes about HR, Technology, Health, the Environment and Business.
View all posts

You Might Also Like