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Manx Telecom announces 12.5% price rise

Broadband, fixed line and some mobile services set to increase from May

Manx Telecom is putting its prices up by 12.5% from the start of May.

In a statement on the telecoms provider's website, it says ongoing mounting global and national inflationary cost pressures are behind the need to put prices up.

It's confirmed a 10% rise is being brought in in response to the Island's inflation rate, with a further 2.5% uplift to offset the upcoming electricity price rises on the Island.

The increases will apply to copper broadband, fixed line services and legacy mobile tariffs that are no longer available for new supply.

Fibre broadband, inclusive calls periods and mobile charges for new supply are not affected.

Manx Telecom CEO Gary Lamb said: "We are sorry to have to increase prices at this time. Unfortunately it is necessary to pass on some of the rising costs we are experiencing as a business so that we can maintain our services and continue to invest in the Island’s telecommunications infrastructure. 
"As a responsible and community-focused company, we have protected our most vulnerable customers and there will be no increase to the Low User Choice social inclusion tariff. There will also be no increase to fibre broadband rental services as we continue to work with the Isle of Man Government on the National Broadband Plan to make superfast fibre broadband services accessible in nine had to reach areas."

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