AT & T More Than Doubles Administrative Fee for Wireless Customers

AT & T has raised the amount of the "administrative fee" that it charges many of its 64.5 milli wireless customers, a move that will earn the company an additial $ 800 milli in annual revenue.

BTIG Research analyst Walter Piecyk (via CNBC ), who pointed out that AT & T has increased its mthly fees by approximately $ 1.23 in 2018 with two prices in April and June. Customers are now paying $ 1.99 in administrative fees, up from 76 cents last year.

Approximately 85 percent of AT & T's customers viewed the fee, as it applies to all postpaid accounts. Prepaid customers are not required to pay the administrative fee.

Prior to the doubling of the fee, it was introduced in 2013, going from 61 cents to 76 cents over a period of several years.

Piecyk speculates that AT & T $ 85.4 billi Purchase of Time Warner. "Presumably the Administrative Fee is another way to help AT & T funds its network build and Time Warner acquisiti going forward," he wrote.

In a statement to CNBC, however, AT & T said that the fee is standard across the wireless industry: "This is a standard administrative fee for the wireless industry. carriers. "

Earlier in June, AT & T also raised the price of its grandfathered unlimited data plans by $ 5 per mth. That plan, which was …

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