Quote:
Originally Posted by Inactive Digital
It's at consultation stage, and I'm sure the telcos will robustly defend maintaining the status quo.
Personally, I'd welcome this change (second to no mid-term rises allowed at all).
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They’ll squeal alright - quoting in percentages has allowed them to get away with inflation PLUS another 3 or 4% every year without anyone seriously questioning it (3 or 4% sounds like a very tiny amount, certainly less than the £1 or £2 a month it might actually be). It also puts all the future financial risk on the customer. An equitable fixed term contract ought to share the risk (the customer is tied in but the supplier is committed to the price). So they won’t want to see the end of that.
However, Ofcom’s statement this morning is unequivocal. If they had meant to leave room to back down they would have done so.