Sprint follows AT&T's lead on service fees [telecom]

Jul 18, 2018 0 Replies
Sprint follows AT&T's lead on service fees [telecom] open original image

Sprint also quietly increased its administrative fee earlier this year



The move could generate nearly $200 million in additional annual revenue



By Shawn Knight on July 17, 2018, 4:59 PM



In context: An extra $0.51 per month, or $6.12 annually, is hardly enough to get your feathers ruffled over but at scale, it generates a lot of additional income for Sprint. Given T-Mobile's recent bid to acquire Sprint, however, it could be a moot point in the near future.



AT&T earlier this year quietly increased the administrative fee charged to most of its wireless customers in the US. The nation's second largest wireless carrier was heavily criticized over the matter although most assumed the move was done to help finance its recent acquisition of Time Warner.



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