Phone plan prices are on the line. According to CBC, some consumers across Canada are worried their cell phone plans will soon climb in price as Rogers inks a $465 million deal, $175 million of which will be offset by tax losses, to buy out smaller, "cash-strapped" competitor Mobilicity.
Get this: Phone plan prices are down 20 percent since 2008. But last year's four-to-eight percent hike has some analysts citing concerns.
The sharpest jump goes to...
The phone plans that spiked the highest? The popular ones. The middle-grounders. The ones the majority of us gravitate toward the most - which may help to explain the jusification behind the price climb.
And while less compeitition in the space could point to higher prices - the deal is met with waves of mixed emotions. With new government policies favouring smaller industry players, and Wind Mobile (Canada's fourth-largest cellular provider) gearing to take on the 'Big Three' - Rogers, Bell, and Telus - the market could be in for a shake up.
Which hopefully translates into lower prices. Maybe. Someday.