InTheCloset 9,614 Posted Friday at 06:49 AM Share Posted Friday at 06:49 AM https://www.forbes.com/sites/marisadellatto/2023/03/15/ryan-reynolds-mint-mobile-acquired-by-t-mobile-for-13-billion/?sh=54d374966860 He is however not a billionaire yet. https://www.bbc.com/news/world-us-canada-64984291 Im in love with Nate Jacobs and i have never ever been happier. 3 Link to post Share on other sites
Versace 6,775 Posted Friday at 07:11 AM Share Posted Friday at 07:11 AM Itās not as outlandish as you may think when it comes to acquisition deals. Never knew he had a mobile company tbh. It might have had potential and T-mobile stepped in to probsĀ prevent more competition.Ā 1 Link to post Share on other sites
Fzz 46 Posted Friday at 07:39 AM Share Posted Friday at 07:39 AM It's not necessarily a bad thing for competition considering the US allow wireless resellers andĀ prices there are reasonable and competitive with the rest of the world. Wireless prices in Canada on the other hand... 1 Link to post Share on other sites
InTheCloset 9,614 Posted Friday at 07:39 AM Author Share Posted Friday at 07:39 AM 27 minutes ago, Versace said: Itās not as outlandish as you may think when it comes to acquisition deals. Never knew he had a mobile company tbh. It might have had potential and T-mobile stepped in to probsĀ prevent more competition.Ā Yeah i read somewhere that it was cheaper and offered better plans than t mobile Im in love with Nate Jacobs and i have never ever been happier. Link to post Share on other sites
River 74,531 Posted Friday at 08:49 AM Share Posted Friday at 08:49 AM a way to kill competition but slay this is how u make money these days "Banana is not just a fruit, it's a lover" Joe Biden 1898 in the Phantom of the Oprah 1 Link to post Share on other sites
Hold My Ham 5,576 Posted Friday at 09:44 AM Share Posted Friday at 09:44 AM 54 minutes ago, River said: a way to kill competition but slay this is how u make money these days it's what starbucks does/did to coffee shops too 1 Link to post Share on other sites
River 74,531 Posted Friday at 09:47 AM Share Posted Friday at 09:47 AM 2 minutes ago, Hold My Ham said: it's what starbucks does/did to coffee shops too yeah and McDonald's to many fast food hamburger chains around the globe. "Banana is not just a fruit, it's a lover" Joe Biden 1898 in the Phantom of the Oprah Link to post Share on other sites
Hold My Ham 5,576 Posted Friday at 09:55 AM Share Posted Friday at 09:55 AM 5 minutes ago, River said: yeah and McDonald's to many fast food hamburger chains around the globe. 3 1 Link to post Share on other sites
HiddenWeirdo 3,214 Posted Friday at 11:42 AM Share Posted Friday at 11:42 AM (edited) 1 hour ago, Hold My Ham said: it's what starbucks does/did to coffee shops too Thank godĀ Italy supports its own coffee culture. Starbuck coffee isĀ oversugaredĀ Edited Friday at 11:42 AM by HiddenWeirdo 1 Link to post Share on other sites
TortureMeOnReplay 3,947 Posted Friday at 11:54 AM Share Posted Friday at 11:54 AM 4 hours ago, Fzz said: It's not necessarily a bad thing for competition considering the US allow wireless resellers andĀ prices there are reasonable and competitive with the rest of the world. Wireless prices in Canada on the other hand... Prices are definitely far from reasonable, but still better than other places. Europe has better pricing but it somewhat reflects their connectivity offering.Ā 4 hours ago, InTheCloset said: Yeah i read somewhere that it was cheaper and offered better plans than t mobile Better plans depends on view. Better priceĀ for amount of data, but speeds depend on congestion with T-Mobile prioritizing its own customers over its own wholesale partners. It only tried to be a carrier. Because Mint only offers wireless without extras (Netflix, Spotify, etx) it can charge less. Link to post Share on other sites
Ā bionic 30,609 Posted Friday at 12:15 PM Share Posted Friday at 12:15 PM The rich get richer and we love to see it Ā buy bionic Link to post Share on other sites
Agunimon 16,216 Posted Friday at 01:09 PM Share Posted Friday at 01:09 PM T-Mobile is swallowing the market now. I remember like 10 years ago when someone said they had T-Mobile and people were like oh that's cute? Surely that wasn't just a thing around where I lived. Link to post Share on other sites
Economy 41,994 Posted Friday at 02:47 PM Share Posted Friday at 02:47 PM 2 hours ago, TortureMeOnReplay said: Prices are definitely far from reasonable, but still better than other places. Europe has better pricing but it somewhat reflects their connectivity offering.Ā Better plans depends on view. Better priceĀ for amount of data, but speeds depend on congestion with T-Mobile prioritizing its own customers over its own wholesale partners. It only tried to be a carrier. Because Mint only offers wireless without extras (Netflix, Spotify, etx) it can charge less. What are prices like in the US? What are the typical profit margins of telecom companies there? Ā Here in Canada we are definitely gauged, not surprising given our sector is so monopolized Link to post Share on other sites
Eido 3,282 Posted Friday at 03:14 PM Share Posted Friday at 03:14 PM Wasn't it his marketing strategy to be cheaper and better than T-Mobile & Co? Yes it was. Funny that when money appears he'll throw that out of the windowsĀ 1 Link to post Share on other sites
TortureMeOnReplay 3,947 Posted Saturday at 02:43 AM Share Posted Saturday at 02:43 AM 11 hours ago, Economy said: What are prices like in the US? What are the typical profit margins of telecom companies there? Ā Here in Canada we are definitely gauged, not surprising given our sector is so monopolized TMobiles gross margin is around 50% and Verizon reported a 18% netĀ margin. Prices for basic unlimited plans start at $70-80/month for 1 person. But if you share plans with family or roommates you can get it at around $40/month per line.Ā Link to post Share on other sites
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