Verizon raising fees for upgrades and activations starting next week

Big Red is ratcheting up the fees it charges to activate a new line, or when customers upgrade to a new phone. Starting on February 5th, the activation fee rises $5 from $35 to $40. The upgrade fee will go up $10 to $40. Verizon last raised that fee back in 2012, and says that it has been 10 years since it touched the activation fee.



As 2014 came to an end, Verizon remained the largest mobile carrier in the U.S. with 108.2 million retail connections. Verizon's wireless operations took in $23.4 billion in revenue during the October to December period last year. Fourth quarter operating income ...