Telstra will slug customers with a 4 to 5 per cent increase on their monthly mobile bills from July as part of a new inflation-based yearly pricing review, kicking off a new growth trend that Optus is tipped to soon match.
UBS analyst Tom Beadle said the price rises could increase Telstra’s churn rate, benefitting TPG Telecom. Louie Douvis
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Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com
