Currently I'm paying $104.99/month for Extreme HD and 50/50 internet. When my contract expires in August, that will supposedly go up to $119.99/month:
When I go to the upgrade/renewal page, I'm offered a start a new 2-year contract for the very same services for $124.99/month:
So why on earth would I do this? Why would I sign a contract to pay $5 more per month for 2 years on the chance that maybe the off-contract price will go up at some point?
It's also worth noting that if I try to sign up for service as a new customer, I'm offered the Extreme HD and 50/50 Double Play for my current $104.99/month for a 2 year contract. I know from experience that trying to get new-customer offers as an existing customer is a losing battle (despite the fact that I already have the lines and equipment and would require zero labor from Verizon), but it still seems like a crummy way to treat existing customers.
Not unusual IF they had raised prices during you current 2 years. The current price also might include a discount that will no longer be available
And note at the end of your current contract prices will probably go up more unless you accept a new 2 year contract.
Remember you are talking to peers and not Verizon.
Well, the new-customer 2-year price of $104.99 hasn't changed since I began this contract 2 years ago. And look at the screenshots -- I'm currently paying $104.99/month, with $15 in discounts which expire at the end of my contract, which means when my contract ends it'll go up to $119.99/month. So to entice me into signing a new contract, they're offering to lock in a price of $124.99/month for 2 years, $5 MORE than I'd pay if I just let the contract end. How does this make sense?
When the contract expires the current price DOES not normally continue. I would expect it to go up more per month than the new two year contract they are offering.