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Re: More price rises
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A weaker £ means less profit in $ for Liberty Global so more pressure to raise prices. As always, there's a risk that higher prices will result in churn and the Which? report advising that 50% of VM customers were unhappy with price rises must be a concern for the company. Looking at it objectively, it's certainly a bold move. But, we don't know how either company hedges currency fluctuations - if VM's costs have risen significantly then it may not have done so sufficiently; Sky could have done. Aside from exchange rates, there are other factors at play impacting pay-TV companies. The rise of companies like Netflix and Amazon has lead to increased content costs as more companies bid for film and entertainment rights. We've seen this most visibly with UK sports TV rights and the emergence of BT Sport as a powerful force. And, Sky has already unleashed price rises upon its customers most recently in June so may feel that it needs a gap before the next increase is implemented. |
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You can bet Sky will raise prices again soon they are all as bad as each other.
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Just to re-state the obvious, make sure you talk to VM retentions, even if it means staying on the phone for ages, it sometimes pays off. I'm staying with VM for a bit longer.
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When companies mess up reporting incorrect information they can cause serious damage l, as I have found out (not VM). |
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got the letter package price going up again ! phoned retention's told them i was unhappy offered me a good deal same package but at a reduced cost, i always find chatting with them in a good manner gets rewards lol another 12 month contract but thats how it goes, i never planned on leaving vm anyway always offered me good deals in the past never had a problem with the services.
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Same here wife called them today and got our £56 a month package deal (9 months) then £97 a month. down to £62 a month for 6 months then £65 a month for the last 6 months Kept our XL tv and weekend calls and dropped the BB from 200 to 100 and in all honesty haven't noticed the difference. |
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We got our letter today. An increase of £3.49 on our 200Mb and phone. We lose our £6 loyalty discount at the same time so it's really an increase of £9.49 from £44.93 making it £54.42 which is way too much. Time to change our package I suppose. Hoping we can get 200Mb on its own for £45.25.
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Just got our price rise - £3.50pm. It must say I find VM's tactic of offering 'free' upgrades shortly followed by a price rise quite shoddy and very definitely shortsighted. I don't entirely buy the £ v $ argument even though I accept it will have an upward effect on prices. Oddly I don't recall prices dropping much the last time the value of Sterling went up but hey ho. We all expect price rises but please don't treat your customers like idiots VM. I hardly watch TV, don't need 200mb (not that I get anywhere near it lol) and hardly use the landline so if this carries on for much longer I'll be saying goodbye to the lot.
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