6.8% more on average for all its customers

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The rumors have come true. days ago it was speculated with a price rise in Movistar in the short term, especially since Ángel Vilá, CEO of Telefónica, acknowledged that they would continue with their “more for more” strategy. Well, now we know not only when will it come into forcebut also who will be affected and to what extent.

Unlike Vodafone, which has decided to link its rates to the CPI, Movistar will apply a general increase based on a clause in its contracts that allows them to be modified due to the increase in the costs of the sectoralthough it will not fully pass it on to your customers.

The rise varies according to what you have contracted

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The next January 1, 2023 Movistar’s price increase will come into force, which will affect practically all its customers. The operator will notify all of them by letter or email in the coming days.

The health business moves more and more millions and an industry has seen its reef: the telecommunications

This general increase in its rates is derived from the increase in the costs of the sector, one of the clauses that Movistar reflects in its contracts to be able to modify them. And how much will the rates go up? 6.8% on averagea figure that, although it may represent a significant extra cost in some cases, is below the average CPI of the last 12 months (more than 8%) because the telecom will not pass on all this increase in costs to its users.

And why do we say 6.8% “on average”? Because it is not a linear rise, but depends on multiple variables. In other words, the increase that Movistar will apply to each client will vary depending on what each one has contracted. Let’s give three examples to understand it better:

  • Movistar Max + Essential package + All football package: will rise 5.6%.

  • Unlimited Movistar + Essential package + Fiction package with Netflix: will rise 6.7%.

  • Movistar Unlimited x2 + Essential package + All football package + Fiction package with Netflix: will rise 6.1%.

There will be cases where it rises by more than 6.8% and cases where it rises much less, but the average rise will be that and it will come into force, as we said, on January 1. Customers who are enjoying a promotion will continue with their discount until it ends. The prices of the entire Movistar portfolio for new registrations will be announced in the coming days, we will inform you about it.

And something important: O2 is left out of this riseTherefore, for the moment, the second brand of Telefónica Spain will not suffer an increase in its prices.

Featured image: Movistar | cardmapr.nl (Unsplash)

The rumors have come true. days ago it was speculated with a price rise in Movistar in the short term,…

The rumors have come true. days ago it was speculated with a price rise in Movistar in the short term,…

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