In April, mobile phone rates will be indexed to annual inflation, meaning prices will rise by as much as eight percent for many mobile phone owners. Discount provider HoT uses this for a marketing campaign: from now on, all package rates at the same price will permanently receive 7.8 percent more data volume, says Michael Krammer of HoT owner Ventocom.
The Ventocom boss calculates for the APA: Together with last year’s price increases, the index adjustment would result in additional costs of about 100 euros per year for an average family. More than two-thirds of mobile phone customers are affected by such an index adjustment clause in the contract; there is often no extraordinary right to termination. HoT counters this “with this reverse index adjustment for the benefit of all customers”.
Number portability is sacred
Telecommunications regulator RTR has announced that the “only thing” for Austrians to keep their old mobile phone number is if they switch providers. “A total of 113,731 porting operations took place in the third quarter of 2023, which is almost 27 percent more than a year earlier. The figures are an indication that Austrians are cost-conscious and willing to change and that they keep or take their mobile phone number with them when they change providers,” the authority said in a press release.
The result of the willingness to change is that market shares are shifting from large to smaller providers: “Hot is moving towards 10 percent,” the RTR calculates. The first three places remain occupied by A1 with a market share of 37.6 percent, Magenta with 25.4 percent and Drei with 21.3 percent.
Source: Krone

I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.