Senior Reporter
andrea.perez-sobers@guardian.co.tt
Come the first of next month, Flow customers will face an increase in their monthly cable and internet packages of four per cent.
This was announced by the telecommunications company yesterday.
It said this price adjustment will allow Flow to continue to invest in its network and other necessary improvements needed to meet and exceed customer expectations.
“We’ve been working hard in the background to better serve our customers and keep them always connected. We have been steadfast in our efforts to run an efficient business and keep our costs down, while investing millions in our network to improve our service and add more value for our customers with innovative products,” the company explained.
Flow noted that customers with package speeds of 100Mbps and 150Mbps will enjoy an additional 25 Mbps in download speed for free! and this speed increase will also take effect from April 1.
Some of the affected packages include the following:
• The Connected Premium bundle, which is now $516.50, would now be $537.10;
• The Choice 300 bundle is now $408.99, would soon cost $425.35;
• The Broadband 75 bundle which is currently $305.35, is expected to increase to $317.55; and
• Flow Ultra Plus bundle that now cost $574.99, will increase to $612.35.
Flow’s last increase was May 1, 2023, when internet and cable increased by 3.5 per cent.
Guardian Media reached out to Digicel+ to enquire if it was moving in a similar direction. In response, the company said, “We constantly evaluate our product offering, given the changes in the market conditions and that we will be making some adjustments to out packages, where some customers would even see some reductions in their packages and others would see revised pricing models. In the coming weeks, Digicel will release more information on this.”
Amplia Communications, which is 100 per cent owned by Telecommunications Services of Trinidad and Tobago Limited (TSTT), also responded to Guardian’s query, “At this time, Amplia has no planned price increases for its suite of services. We are focused on expanding our fibre network, enhancing our service offerings, and providing customers with exceptional value.
“Over the last nine months, Amplia has invested significantly in its fibre deployment in both Trinidad and Tobago to ensure that more people have access to our competitive and customizable high-quality broadband services. In the coming year, Amplia will continue to invest in expanding its fibre network coverage while keeping its pulse on the needs of its growing customer base.”
Customers are not pleased by Flow’s decision to increase its rates.
Norman Martin from Tunapuna told Guardian Media, he was not pleased by the news as this recent increase is happening 11 months after the last year’s price hike.
“People just cannot get a break. Every month there is the announcement of a price increase. People would never be able to live on a proper salary.”
Cherisse Matthews of Nelson Street, Port-of-Spain said Flow’s service has not been the best over the past few months and she hopes this will improve when the price increases next month.
Last week Tuesday, Prestige Holdings Ltd confirmed that KFC, one of its franchise operations in T&T, had increased its prices by between three to five per cent.
Prices of KFC meals increased by between $1 and $2 in December 2023
Questioned about the price hike at the popular fast-food restaurant chain, Prestige Holdings chief executive officer Simon Hardy, explained that the price increase was due to the increase in minimum wage, which took effect on January 1, as well as price increases from suppliers.
“The main jump for us was the minimum wage as we employ 3,300 people. We only made the changes on February 22. But inevitably, a business such as ours can’t, with an employee base such as ours, hold those prices forever. Just making a little comparison, you know. Everyone thinks that there’s a lot of profit being made. We are a high-sales business but a low-margin business, only 4.2 per cent of our sales is profit. So, we have a lot of sales, but it’s not a lot of profit,” he said.
In January, Starbucks (whose parent company is also Prestige Holdings), Royal Castle, Rituals, and Blue Waters increased their prices.
All the companies cited that those hikes were due to the increase in minimum wage from $17.50 to $20.50 and the increase in input costs.