ANACOM - Portuguese Communications Authority

09/05/2024 | News release | Distributed by Public on 09/05/2024 08:27

Telecoms prices increased by 0.2% in July month on month

In July 2024, telecoms prices, as measured by the relevant Consumer Price Index (CPI) group, increased by 0.2% month-on-month due to changes in bundled offers.

Compared with the same month last year, telecoms prices rose by 7.1%. This was 4.5 p.p. (percentage points) higher than the CPI (2.5%). It should be remembered that ANACOM has recommended that operators limit price increases for 2024https://www.anacom.pt/render.jsp?contentId=1773318.

he average rate of change in telecoms prices over the last twelve months was 5.9%, 3.5 p.p. higher than the CPI (2.5%). This was the highest rate since July 1994.

In terms of services, the average rate of change over the last twelve months in Portugal was 6.0% for bundled services and 6.2% for mobile telephone services, according to Eurostat data.

In international terms, the average rate of change of telecom prices in Portugal over the last twelve months was 5.2 p.p. higher than in the European Union, where the rate was 0.8%. Portugal recorded the 3rd highest price change (25th lowest) among the EU27 countries. The highest price increase was observed in Hungary (+12.7%), while the largest decrease was recorded in Malta (-10.5%).

On a sub-group basis, the average rates of change over the last 12 months for bundled services and mobile telephone services in Portugal were 4.0 p.p. and 7.1 p.p. respectively above the EU average.

From a long-term perspective and in cumulative terms, telecoms prices have increased by 22.7% since the end of 2009, while the CPI has increased by 30.5%. Over the same period, however, telecoms prices in the EU fell by 8.6%.

On an operator basis, the lowest monthly charges were offered by NOWO in seven cases across a range of 11 services/offers, while MEO and Vodafone each had the lowest monthly charges for two types of service/offer.

For example, NOWO had the lowest minimum monthly charge for the stand-alone mobile service (EUR 5) and for the triple-play (EUR 28.75) and quadruple-play (EUR 36.25) bundles, while Vodafone had the lowest minimum monthly charge for the quintuple-play offer (EUR 66.10).

Consult the statistical report: