InTheCloset 11,619 Posted March 17 Share Posted March 17 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 crazy. Wish i was free too. 3 Link to post Share on other sites More sharing options...
Versace 7,085 Posted March 17 Share Posted March 17 It’s 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 probs prevent more competition. 1 Link to post Share on other sites More sharing options...
Fzz 185 Posted March 17 Share Posted March 17 It's not necessarily a bad thing for competition considering the US allow wireless resellers and 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 More sharing options...
InTheCloset 11,619 Posted March 17 Author Share Posted March 17 27 minutes ago, Versace said: It’s 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 probs prevent more competition. Yeah i read somewhere that it was cheaper and offered better plans than t mobile Im ****in crazy. Wish i was free too. Link to post Share on other sites More sharing options...
River 83,151 Posted March 17 Share Posted March 17 a way to kill competition but slay this is how u make money these days Je ne parle pas français but I can padam if you like 1 Link to post Share on other sites More sharing options...
Hold my Manjobi 6,817 Posted March 17 Share Posted March 17 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 anyone else remember lady-gaga.net? 1 Link to post Share on other sites More sharing options...
River 83,151 Posted March 17 Share Posted March 17 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. Je ne parle pas français but I can padam if you like Link to post Share on other sites More sharing options...
Hold my Manjobi 6,817 Posted March 17 Share Posted March 17 5 minutes ago, River said: yeah and McDonald's to many fast food hamburger chains around the globe. anyone else remember lady-gaga.net? 3 1 Link to post Share on other sites More sharing options...
HiddenWeirdo 3,916 Posted March 17 Share Posted March 17 (edited) 1 hour ago, Hold My Ham said: it's what starbucks does/did to coffee shops too Thank god Italy supports its own coffee culture. Starbuck coffee is oversugared Edited March 17 by HiddenWeirdo 1 Link to post Share on other sites More sharing options...
TortureMeOnReplay 4,545 Posted March 17 Share Posted March 17 4 hours ago, Fzz said: It's not necessarily a bad thing for competition considering the US allow wireless resellers and 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. 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 price 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 More sharing options...
bionic 34,027 Posted March 17 Share Posted March 17 The rich get richer and we love to see it buy bionic Link to post Share on other sites More sharing options...
Agunimon 17,580 Posted March 17 Share Posted March 17 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 More sharing options...
Economy 42,936 Posted March 17 Share Posted March 17 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. Better plans depends on view. Better price 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? Here in Canada we are definitely gauged, not surprising given our sector is so monopolized Link to post Share on other sites More sharing options...
Eido 3,391 Posted March 17 Share Posted March 17 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 windows 1 Link to post Share on other sites More sharing options...
TortureMeOnReplay 4,545 Posted March 18 Share Posted March 18 11 hours ago, Economy said: What are prices like in the US? What are the typical profit margins of telecom companies there? 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% net 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. Link to post Share on other sites More sharing options...
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