Verizon will soon raise prices with higher administrative fees

Update (May 5, 3:50 p.m. ET): Verizon clarified in an email to Android Central that postpaid consumer customers will not be charged an economic adjustment fee and will see an administrative fee increase on their bill from $1.35 to $3.30. This will come into effect for the June 2022 billing cycle.

Verizon also clarified that business plans that meet certain conditions will see the economic adjustment fee. These terms include newly activated or upgraded lines, existing plans that have completed a contract-based line term, and lines that have 12 months or less remaining on a device payment plan.

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