Verizon Increases Cost of Text Messages

Verizon has increased the cost to send and receive text messages. The new rate is $.15 per inbound/outbound message, five cents increase from the old rate of $.10. The price increase becomes effective on March 1st and will not apply to those customers who subscribe to a text messaging plan. As Sprint did, Verizon will allow subscribers who are not on a text messaging plan to opt out of their contracts without having to pay an early termination fee.

Verizon joins both Sprint and Cingular, who increased their text messaging prices at the end of last year. T-Mobile is the last of the Big 4 carriers to still charge $.10 per message.