$24.99 a month VoIP service may be going bye-bye (for good reason)

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OK, VoIP customers, the $24.99 a month party is just about over. A new FCC ruling is requiring that VoIP service providers, among others, will have to contribute to the $7 billion Universal Service Fund, which subsidizes phone service in low-income and high-cost areas and also helps schools and libraries get access to the internet. Usually these costs are passed on to customers as a line item on a monthly phone bill. (How many of us actually go through each and every charge on our phone bills anyway?) According to the FCC, the funs is about to experience a shortfall and, frankly, the VoIP customer base is increasing and it appears that they have to make up the slack.

In any event, if you’re currently paying $24.99 (or any other amount) for your VoIP service, expect your monthly bill to go up about a dollar or two. This truly is not a big deal, but the TV and radio ads that feature the “magic” $24.99 a month slogan will have to be slightly modified.

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