N
Insight Horizon

If You Use Verizon, Prepare for These Price Hikes, Starting in June

Author

Sophia Sparks

Updated on February 23, 2026

customers walking into a verizon store
Tada Images / Shutterstock

Inflation is at a 40-year high, and it's impossible to ignore staggering price increases. Unfortunately, the situation doesn't seem to be getting any better. Everything from eggs to cleaning products to furniture has had an uptick in price, and we've all become accustomed to skyrocketing costs at the gas station. But if you're a Verizon wireless customer, you can also expect to see higher numbers on your bill next month. Read on to find out what the company is planning to charge you more for, starting in June.

READ THIS NEXT: If You Have an Android, You'll Be Barred From Doing This, Starting in August.

Verizon isn't the only provider to announce fee increases this year.

at&t logo
Shutterstock

Cell phones are a necessity for almost everyone, which means we've gotten used to making a monthly wireless bill part of our budget. But while you can generally expect to see annual price adjustments, the current economic climate has put a strain on wireless providers, who are responding accordingly.

Verizon isn't the only carrier making changes, as AT&T also announced it would be upping monthly prices. Earlier in May, AT&T informed customers that the cost for select older Unlimited and Mobile Share plans would be increasing in June. As reported by Bloomberg, customers paying for one line could see a $6 bump, and families with multiple lines may see a $12 increase. In addition to adjusting for inflation, this change was also implemented to encourage users to switch to AT&T's newer unlimited plans, John Butler, senior industry analyst for Bloomberg, said.

Now, Verizon seems to be following suit—but for reasons of its own.

Don't be surprised if you see a higher number on your June bill from Verizon.

woman looking confused at bill
tommaso79 / Shutterstock

If you're a Verizon wireless customer, you may want to take another look at your budget. As reported by CNET, the company announced on May 16 that it will be increasing the monthly administrative fees per voice line by $1.35, going from $1.95 a month to $3.30. If you have a smartwatch, tablet, or laptop that can make a phone call, you will also see the same increase there, but hotspots won't be impacted.

The change goes into effect for consumers on June 23, Verizon's website states, and will also be renamed the "Administrative and Telco Recovery Charge."

While the increase doesn't seem glaring, consumers should be aware that it is incurred per phone line. This means that if you pay for five lines for your family, your bill could increase by almost $7 per month and over $80 per year.

RELATED:For more up-to-date information, sign up for our daily newsletter.

Verizon has not adjusted these fees since 2020.

verizon logo on phone next to laptop with post-its
Sulastri Sulastri / Shutterstock

The last time that Verizon raised these fees was two years ago, in 2020. According to Verizon's website, the administrative charge is in place to help recover some of the company's expenses, as well as costs associated with regulatory requirements. The company further stated that this charge is not unique to Verizon, adding that they are "common" across the industry and may have different names.

Surprisingly, when it comes to consumers' lines, the wireless carrier said the increase isn't in response to inflation.

"To be clear, this is not a price plan increase for consumer lines," Verizon said in a statement to Fierce Wireless. "From time to time, we review and make adjustments to fees to defray some of Verizon's administrative and telco expenses and costs of complying with regulatory requirements. To that end, Verizon will be implementing some changes beginning in June."

This will also affect businesses that use Verizon.

verizon logo on store
Shutterstock

While it did not cite inflation as a reason for increasing administrative fees for general customers, the carrier did say that it would be adding new fees for businesses due to fluctuations in the economy.

"We work every day to maintain competitive prices for our business customers—often by absorbing increases that we incur," a Verizon spokesperson told CNET. "The current economic conditions impacting businesses worldwide continue to mount and despite our best efforts to mitigate further impact, we intend to offset a portion of these costs by implementing an Economic Adjustment Charge."

As a result, businesses with lines that meet certain criteria will see the "Economic Adjustment Charge" on their monthly bill starting June 16. Charge amounts will be $2.20 per line for each smartphone or data device, and for basic phone and tablet devices, the charge will be 98 cents per line, Fierce Wireless reported.

READ THIS NEXT: Walmart Just Issued This Urgent Warning

Abby Reinhard Abby Reinhard is a Senior Editor at Best Life, covering daily news and keeping readers up to date on the latest style advice, travel destinations, and Hollywood happenings.Read moreFiled Under • Read This Next
  • A Verizon Wireless store in Cheyenne, Wyoming. Verizon Wireless is a subsidiary of Verizon Communications, a telecommunications provider with over $100 Billion in revenues.

    AT&T and Verizon Just Gave This Major Update

    The two phone companies addressed an issue that could affect a number of customers.January 4, 2022
  • Confused angry woman having problem with phone, sitting on couch at home, unhappy young female looking at screen, dissatisfied by discharged or broken smartphone, reading bad news in message

    Major Phone Companies Are Getting Rid of This

    Millions of customers will soon be affected by this major change.October 26, 2021
  • at&t storefront

    AT&T Will Make You Pay More For This

    Experts say there are two main reasons for the price increase.May 4, 2022
  • Wine counterfeit, over 40

    The Smart Man's Guide to Spotting Counterfeit Wine

    That $2,000 bottle of Bourdeaux might be worth $20. Here’s how to be sure it’s the real thing.April 13, 2017
  • Friend date, friendship, female friendships, red wines

    The 5 Best Light-Bodied Red Wines for Extending Your Summer

    Don't let September ruin a killer party. August 25, 2017
  • 17 Insanely Cool New Luxury Bicycles for Spring

    Meet the bikes that cost more than a car.March 31, 2017
  • Best Life Essentials

    You deserve the best. Live life to the fullest with these ultimate essentials.October 21, 2016
  • Raw meat

    This Is the Safest Way to Store Meat

    Don't let that filet set you up for food poisoning. February 7, 2018
  • winklevoss twins on instagram

    Here Are the 10 Wealthiest Cryptocurrency Millionaires Under 40

    Including one guy who is only 24 years-old!February 7, 2018
  • Server closing restaurant

    This Is the Safest Way to Clean Your Floors

    Keep your floors clean and looking brand new with this easy tip. February 8, 2018