Sky Phone, Broadband, TV Price Increase in March 2017
Sky Price Increase Key Points:
- In June 2016, Sky hiked the prices of 10 of its most popular TV packages, including Variety and Sports, with packages rising by as much as £2.50 a month – or £30 a year for UK households.
- After the above, a month later, the firm announced a £1.1billion profit that year!
- “could not confirm exactly how much line rental will increase by on 1 March 2017.”
- Sky’s price increase stems from a promotion for their service, rather than a customer communication.
- The price rise come with a loophole. Those tied into a contract with Sky now have 30 days to leave, penalty free. It’s well worth considering this, as the best deals are generally kept for new customers. Remember that loyalty is expensive – new customers only after all your custom!?
- Whether you’re locked in a deal, or currently on a rolling contract, Ofcom states that customers are allowed to leave early if a provider hikes a broadband, phone or mobile subscription mid-contract, providing the customer was not aware of the changes when they signed up.
- Ofcom is currently probing the line rental price increases. Changes could be proposed as part of their Market Review 2017, which is expected to publish its conclusions in September 2017.