Verizon announces a new three-year price lock policy for select myPlan subscriptions, providing a price guarantee on base charges for both new and existing customers. The timing follows President Trump's tariffs, aiming to offer customers stability during economic uncertainty. However, the policy has limitations; it does not cover fees and taxes, leaving room for Verizon to increase overall billing. Furthermore, customers can receive a free phone with a trade-in, contingent on being subscribed to the myPlan. Caution is advised as fine print details may impact overall savings.
Verizon's new price lock policy offers a three-year guarantee on certain plans, but excludes fees and taxes, allowing the company to adjust billing in other ways.
The timing of Verizon’s announcement coincides with new tariffs, reflecting the need for companies to provide predictability to customers amidst economic uncertainty.
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