InTheCloset 15,238 Posted March 17, 2023 Share Posted March 17, 2023 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 The abyss stares back Link to post Share on other sites More sharing options...
Versace 7,375 Posted March 17, 2023 Share Posted March 17, 2023 Itâs 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. Link to post Share on other sites More sharing options...
Fzz 315 Posted March 17, 2023 Share Posted March 17, 2023 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... Link to post Share on other sites More sharing options...
InTheCloset 15,238 Posted March 17, 2023 Author Share Posted March 17, 2023 27 minutes ago, Versace said: Itâs 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 The abyss stares back Link to post Share on other sites More sharing options...
River 90,488 Posted March 17, 2023 Share Posted March 17, 2023 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 Link to post Share on other sites More sharing options...
hieronymus 8,140 Posted March 17, 2023 Share Posted March 17, 2023 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 Link to post Share on other sites More sharing options...
River 90,488 Posted March 17, 2023 Share Posted March 17, 2023 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...
hieronymus 8,140 Posted March 17, 2023 Share Posted March 17, 2023 5 minutes ago, River said: yeah and McDonald's to many fast food hamburger chains around the globe. Link to post Share on other sites More sharing options...
HiddenWeirdo 4,023 Posted March 17, 2023 Share Posted March 17, 2023 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 Link to post Share on other sites More sharing options...
TortureMeOnReplay 5,024 Posted March 17, 2023 Share Posted March 17, 2023 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 37,638 Posted March 17, 2023 Share Posted March 17, 2023 The rich get richer and we love to see it  buy bionic Link to post Share on other sites More sharing options...
Agunimon 20,142 Posted March 17, 2023 Share Posted March 17, 2023 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 43,989 Posted March 17, 2023 Share Posted March 17, 2023 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 3,483 Posted March 17, 2023 Share Posted March 17, 2023 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 Link to post Share on other sites More sharing options...
TortureMeOnReplay 5,024 Posted March 18, 2023 Share Posted March 18, 2023 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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