Verizon just confirmed it's raising fees again — here's what you'll pay now
In a statement, a Verizon spokesperson said that the "vast majority" of customers would see an increase of "less than 30 cents" to their monthly bill.
"To continue delivering the best customer experience on America's best 5G network and industry-leading services and tools that save our customers' time and money, we're making some adjustments," the statement reads.
A recent Reddit thread (spotted by PhoneArena) revealed a number of fees that would see increases; Verizon spokesperson's confirmed those increases. The affected fees include the Administrative and Telco Recovery Charge which is used by Verizon to pay for "direct and indirect" costs like property taxes, and was already raised by the carrier last December.
According to the Reddit post, the recovery charge will increase by 28 cents to $3.78 per voice line. Data-only plans are taking a massive leap from $1.60 to $3.97 per line.
The Verizon Regulatory Charge is also rising 3 cents from $0.19 to $0.21 per line. This charge is an assessment that the carrier uses to to cover "various government charges."
"These adjustments are in line with market rates and allow us to continue to provide top-tier products and services," the spokesperson said.
Get instant access to breaking news, the hottest reviews, great deals and helpful tips.
While Verizon's three-year price lock keeps your main plan at a friendlier price for longer, it doesn't specifically lock fees and taxes. The guaranteed price lock is only available to customers on a newer myPlan subscription.
Lastly, the post indicates that Verizon is also raising the price of its device activation fee from $35 to $40, which can already be seen on the Verizon website. Tablet plans are also rising by an additional $5 a month.
Follow Tom's Guide on Google News to get our up-to-date news, how-tos, and reviews in your feeds. Make sure to click the Follow button.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Associated Press
28 minutes ago
- Associated Press
RDDT DEADLINE: ROSEN, LEADING INVESTOR COUNSEL, Encourages Reddit, Inc. Investors to Secure Counsel Before Important August 18 Deadline in Securities Class Action
New York, New York--(Newsfile Corp. - August 7, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Reddit, Inc. (NYSE: RDDT) between October 29, 2024 and May 20, 2025, both dates inclusive (the 'Class Period'), of the important August 18, 2025 lead plaintiff deadline. SO WHAT: If you purchased Reddit securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Reddit class action, go to or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 18, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) changes in Google Search's algorithm and features like AI Overview were causing users to stop their query on Google search; (2) these algorithm changes were materially different than prior instances of reduced traffic to the Reddit website; (3) defendants were aware that the increase in the query term 'Reddit' on search engines was because users were getting the sought after answer from Google Search without having to go to Reddit, and not because they intended to visit Reddit; (4) this zero-click search reality was dramatically reducing traffic to Reddit in a manner Reddit was unable to overcome in the short term; and (5) defendants, therefore, lacked a reasonable basis for its outlook on user rates and advertising revenues. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Reddit class action, go to or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: on Twitter: or on Facebook: Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] To view the source version of this press release, please visit
Tom's Guide
an hour ago
- Tom's Guide
ESPN streaming service sets launch date — here's what $29.99 will get you
The previously announced ESPN standalone app finally has a release date: Thursday, August 21. The app, which Disney CEO Bob Iger called the "ESPN Flagship" in May, will offer all of ESPN's cable channels for a hefty $29.99 a month for the "unlimited" plan. In a press release, communications director Olivia Coryell said that the new app would "introduce a more personalized, dynamic viewing experience for fans." New features included updated multiview, game stats, betting information and more. There are multiple ways to access ESPN now and here's what it'll cost you: ESPN has had a busy summer acquiring the rights to air a variety of sporting events, including recent acquisitions of WWE premium events, which are moving over from Peacock. The sports broadcaster also just acquired Redzone and the NFL Network in a deal that gives the NFL equity in ESPN. ESPN has long been compromised journalistically since it covers the same sports that it pays to broadcast. This NFL deal further deepens ESPN's conflict of interest. But if you just want the games and Steven A. Smith to yell at you about sports betting and fantasy sports, perhaps that won't be a big deal. Other sports in ESPN's coverage include the U.S. Open, international soccer, volleyball, field hockey, women's college soccer, and soon, the WNBA playoffs, PLL playoffs, and NBA and NHL seasons. Get instant access to breaking news, the hottest reviews, great deals and helpful tips. Here are all the channels that will be available in the app: Incidentally, August 21 is the same day that the Fox One streaming service will launch, and it will feature Fox's sports offerings in addition to other Fox channels. Follow Tom's Guide on Google News to get our up-to-date news, how-tos, and reviews in your feeds. Make sure to click the Follow button.
Yahoo
an hour ago
- Yahoo
Reddit vs. Snap: Which Social Media Ad Stock is the Smarter Buy Now?
Reddit RDDT and Snap SNAP are user-driven social platforms competing for digital ad budgets. While Snap focuses on visual messaging, AR experiences and creator content, Reddit emphasizes interest-based public forums with strong community engagement. Both platforms are investing in AI to improve ad targeting, content discovery and overall campaign a report by The Business Research Company, the global social media ad market is projected to grow from $228.18 billion in 2024 to $406.64 billion by 2029, at a CAGR of 12.25%. Reddit is scaling tools like Reddit Answers and contextual targeting, while Snap is advancing Smart Campaign Solutions and Sponsored Snaps. As brands seek platforms with personalized reach and engaged audiences, both stocks are working to capture share in the expanding digital ad SNAP or RDDT, who has an edge right now? Let's delve deep to find out. The Case for RDDT Reddit is scaling as a community-driven social platform built around public discussion. With over 100,000 active subreddits, the platform supports highly engaged forums across diverse interest areas. Reddit Answers reached 6 million weekly active users in the second quarter of 2025, up 5x sequentially. AI models now power ranking, onboarding, moderation and translation, boosting engagement and ad tools are expanding appeal among performance marketers. Features like Reddit Pixel, Conversion API and Dynamic Product Ads enhance attribution. and Meta's integrations simplify campaign setup, while Conversation Placement formats see up to 10% higher click-throughs than standard developments are helping drive momentum in digital advertising. Ad revenues grew 84% year over year to $465 million in the recently reported second quarter, supported by rising demand from both large brands and performance advertisers. The Zacks consensus Estimate for third-quarter 2025 ad revenues is pegged at $438.33 million. The ad mix now leans toward video, carousel and product formats, comprising over 60% of engagement continues to trend higher as the platform evolves. Daily Active Uniques (DAUq) rose 21% year over year in the second quarter to 110.4 million, aided by international expansion and AI-led discovery. The consensus mark for third-quarter 2025 DAUq is pegged at 113.17 million. While ad capabilities are still maturing, Reddit's strong communities and growing advertiser traction are positioning it as a credible challenger in the evolving digital ad landscape. The Case for SNAP Snap continues to evolve as a visual-first social media platform with strong traction among Gen Z users. Its global user base continues to expand, reaching 469 million Daily Active Users (DAU) during the second quarter of 2025, up 8.6% year over experiences remain a key catalyst to Snap's engagement strategy. The Snapchat+ subscriber base approached 16 million during the recently reported quarter, supported by new offerings like Lens+, which gives access to AI-powered video effects and exclusive features. Snap's AR tools, including Camera Kit and Spectacles, continue to differentiate it from its peers by enabling immersive experiences across both consumer and enterprise use advertising platform is evolving with commerce-driven ad volume growing 39% year over year in the second quarter, and newer ad formats such as Sponsored Snaps are delivering stronger conversion outcomes. With campaign tools improving measurability and efficiency, Snap is seeing broader advertiser adoption. The Zacks consensus estimate for third-quarter 2025 revenue is pegged at $1.26 billion, indicating sustained advertiser interest. While the consensus mark for third quarter 2025 DAUs is pegged at 476.62 competition remains intense, Snap's blend of product depth, creator engagement and ad performance progress reinforces its relevance in the social media ad landscape. Price Performance and Valuation of RDDT and SNAP In the year-to-date period, RDDT shares have rallied 30.2%, while SNAP shares have declined 27.7%. RDDT and SNAP Price Performance Image Source: Zacks Investment Research In terms of valuation, Reddit appears more expensive, trading at 17.35X forward 12-month Price/Sales compared with Snap's Reddit and Snap hold a Value Score of F. RDDT and SNAP Valuation Image Source: Zacks Investment Research How Do Earnings Estimates Compare for RDDT and SNAP? The Zacks Consensus Estimate for Reddit's third-quarter 2025 earnings is pegged at 34 cents per share, up by 2 cents over the past 30 days. The figure marks an improvement of 112.5% over the year-ago quarter's reported figure. Reddit Inc. Price and Consensus Reddit Inc. price-consensus-chart | Reddit Inc. Quote The Consensus mark for SNAP's third-quarter 2025 earnings is pegged at 4 cents per share, unchanged over the past 30 days. The figure marks a decline of 50% over the year-ago quarter's reported figure. Snap Inc. Price and Consensus Snap Inc. price-consensus-chart | Snap Inc. Quote Here's Why SNAP is a Better Buy Right Now Both Reddit and Snap are gaining traction in the digital ad space. Reddit is building momentum through community-led engagement and improving ad tools, though its monetization model is still evolving. Snap, on the other hand, offers a mature platform with a broader global footprint, deeper youth traction and expanding premium features like Snapchat+ that enhance more established user ecosystem and scalable ad formats give it a clearer path to near-term growth. Meanwhile, Reddit's stretched valuations and earlier-stage monetization framework suggest a more measured Snap carries a Zacks Rank #2 (Buy), making it a more attractive pick than Reddit, which has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Snap Inc. (SNAP) : Free Stock Analysis Report Reddit Inc. (RDDT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
