T-Mobile ( TMUS ) recently saw a spike in new broadband customers, as many have fled from cable companies that have been gradually increasing prices for internet services over the past year.

A recent CNET survey found that 63% of U.S. adults saw the monthly price of their home internet service increase last year. On average, they paid $195 more for internet in 2024 than in 2023.

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As consumers battle inflation and higher costs of living, many have explored fixed wireless access internet service, which T-Mobile, Verizon, and AT&T offer. This service provides internet access to remote or underserved areas at a price that's usually cheaper than traditional internet services.

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