Introducing our new “pounds and pence” pricing structure

[Oxonian]

From the newsroom :-

Introducing our new “pounds and pence” pricing structure - Virgin Media O2

https://news.virginmediao2.co.uk/introducing-our-new-pounds-and-pence-pricing-structure/

[Oxonian]

And a third-party view :-

Virgin Media O2 Adopt New UK Pricing Policy for Broadband, TV and Mobile - ISPreview UK

https://www.ispreview.co.uk/index.php/2024/11/virgin-media-o2-adopt-new-uk-pricing-policy-for-broadb...

[Enlli]

I'm on an £8 tariff. I may be better off not to upgrade and stay on the old terms

[madasaf1sh]

To be honest that isnt as bad as I thought it could have been.. and is less for a lot of people than it has been with the current regime... 

[jonsie]

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@Enlli wrote:

I'm on an £8 tariff. I may be better off not to upgrade and stay on the old terms

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Same here, I'll just stay on the £8 odd

It just seems pointless changing

The other option is just to get the hell away from this damned network altogether!

[AnyNameLeft]

By my calculations, anyone paying less than about £25 per month is worse off than under the old system at the current level of inflation. Which will be almost everyone, given that device costs are excluded. 

£1.80 per month rise each year essentially bakes in the highest that inflation based + 3.9% rises ever got, EVERY YEAR. And uses lower users to cross subsidise higher ones, given the lack of a tiered approach to pounds and pence increases.

Please stop with the spin. Describing it as only x pence per day or less than a takeaway coffee or sandwich does exactly the opposite of what Ofcom brought this in to be: clearer. It tries to hide the fact that most customers will be paying 20%+ more every year. This is compliance with an upcoming legal requirement, nothing more. 

[jonsie]

Couldn't agree more

I'm offski....

[Enlli]

This is the reason I take out 12 month contracts just before April.

At that point I can look around for the next 12 months

I'm fortunate that EE, Vodafone and O2 have acceptable signal where I frequent which gives me a broad choice

[jonsie]

I've got the choice of staying with the £8 contract until April as I originally changed in the Black Friday sale in November so the 12 month account has now reached it's minimum term

So 5 months to look for a deal that doesn't increase in April

All the other networks are similar coverage to O2 in my area apart from EE which is far superior to any of the others.

Snag is that EE is way more expensive and deals are few and far between unless using an MVNO

Decisions decisions....

[AnyNameLeft]

Wouldn’t your £8 contract still increase by RPI+ in April, rather than the £1.80 as despite being out of your minimum term, that’s the increase specified in your contract? 

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@jonsie wrote:

I've got the choice of staying with the £8 contract until April as I originally changed in the Black Friday sale in November so the 12 month account has now reached it's minimum term

So 5 months to look for a deal that doesn't increase in April

All the other networks are similar coverage to O2 in my area apart from EE which is far superior to any of the others.

Snag is that EE is way more expensive and deals are few and far between unless using an MVNO

Decisions decisions....

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I’m PAYG but the O2 contract holder in the house won’t be able to get a change before the terms do. £6.99 taken April 2023, but come April 2024 all they offered was the same, so rather than re-contract to remove the 50p increase, they waited (as I noticed prices were cheaper in Summer 2023.) Come this June, they got more data (which they don’t need as they weren’t using as much as they had before) for £5.99. They were hoping for a data allowance more in line with what they actually need for sub £5 eventually, but once their minimum term is up it now won’t be worth taking it.