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Verizon logo on phone stock photo

Credit: Edgar Cervantes / Android Authority
  • Verizon has confirmed a price hike starting in June.
  • The carrier will impose new charges on both consumer and business accounts.
  • The price increase is being attributed to current economic conditions.

Verizon is raising prices for both consumer and business accounts. The company is following in the footsteps of A&T, which revealed price hikes for its subscribers just two weeks ago.