ofcom ruling on fixed contract price hikes

[Anonymous]

With regard to the recent OFCOM ruling that you can leave your contract for free if a mobile company increases the price of a fixed term contract, is anyone able to advise whether this will be retrospective? Like most people O2 have previously hiked the cost of my 24 month contract.

[MI5]

No it's not and neither does it become a lawful ruling for another 3 months.

[perksie]

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@Anonymous wrote:

With regard to the recent OFCOM ruling that you can leave your contract for free if a mobile company increases the price of a fixed term contract, is anyone able to advise whether this will be retrospective? Like most people O2 have previously hiked the cost of my 24 month contract.

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You don't want a lot do you?

The O2 price inrease was within the terms that you agreed to at the time.

[PhoneChanger · Accepted solution]

Nearly all providers not just of telephone services have a clause that say they can increase their charges during the minimum term providing they are under a certain percentage.

[MI5]

Most people have just seen rises of 10% on Gas & Elec (increasing cost by £200+ per year) yet we still see people moaning about a 3% (average 60p/month) rise....

[aldaweb]

Also note that O2 were the last of the major networks to increase their prices during the term of a contract and had held off for some considerable time before doing so.