Report: Increased hidden fees are making AT&T $800 million in new profit
The gratuitous imposition of "administration fees" that have no resemblance to reality is one of the many things that make Americans hate their internet companies, but according to one new report, AT&T is taking the art of the hidden fee to a whole new level.
Analysis from BTIG suggests that AT&T's wireless revenues could increase by $800 million as a result of new administrative fees this year. The boost to AT&T's bottom line is thanks to a $1.99 "administrative fee" that the company is applying to lines, according to users complaining on AT&T's own forums.
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Report: Increased hidden fees are making AT&T $800 million in new profit originally appeared on BGR.com on Wed, 27 Jun 2018 at 18:04:27 EDT. Please see our terms for use of feeds.