Verizon is gearing up to raise the prices of its 5G and 4G LTE home internet offerings. The carrier is planning a $10 price hike for new customers to the broadband services, in news first reported by Bloomberg on Monday and confirmed to CNET by Verizon.
According to the outlet, the hike would take a 5G Home internet plan that is bundled with one of Verizon’s pricier wireless phone plans from $25 per month to $35 per month. Without bundling wireless phone service with home broadband, that home internet plan currently runs $50 per month if paying with automatic payments and paper-free billing, or $60 per month without.
Presumably, those prices would then go to $60 per month and $70 per month, respectively, when the price hike goes into effect, though it was not immediately clear if that would be the case.
The carrier’s 4G LTE home internet options similarly start at $25 per month when bundled with wireless service (and electing for paper-free billing and auto pay) or $60 per…