That guy was on the subreddit basically acting as one man tech support, billing, and customer service. Always respected the heck out of that. Hope he made out like a bandit, his work ethic was off the charts.
T-Mobile Reaches Agreement to Acquire Mint Mobile for Up to $1.35B
171–180 of 197 posts
Re: T-Mobile Reaches Agreement to Acquire Mint Mobile for Up to $1.35B
#172Earlier quoted context omitted.
Sports teams' value is based on the brand. In terms of operations, they actually lose money for the most part, or it's not that profitable. I saw an interview with the Bucks owner Marc Lasry, who recently is selling his stake in the Bucks. The average NBA brand like the Bucks is worth around $3B right now. He bought his stake in 2011 for 150-300M.
I am highly skeptical of any claims made by owners/teams about their profitability. Here's a quote from a former MLB executive[1]: "Anyone who quotes profits of a baseball club is missing the point. Under generally accepted accounting principles, I can turn a $4 million profit into a $2 million loss, and I can get every national accounting firm to agree with me." There are all kinds of financial tricks one can play.…
But, it's missing my point that many owners are getting a 10x return on their investment when they flip the sports team mostly due to the brand going up in value, being a luxury item for the wealthy, or a status symbol, and hence growing 10x in Therefore, many new owners, and prospective ones at that as your example, the ones buying football or soccer teams...like the tech CEOs, hedge funds or Oil money, etc do so to either flip the trade to make 10x, or buy a brand to associate with for status.
Re: T-Mobile Reaches Agreement to Acquire Mint Mobile for Up to $1.35B
#173Earlier quoted context omitted.
As a football enthusiast I'm also really interested to see where he takes Wrexham.
Hopefully not to just sell it :-( If he does eventually sell it, I hope it's to fans, not a corporation.
Re: T-Mobile Reaches Agreement to Acquire Mint Mobile for Up to $1.35B
#174Earlier quoted context omitted.
It all depends on how much they oversubscribe their frequency band. As a Verizon, Tmobile, or Att customer you might be able to get 1gbps down .. but why do you need that on your phone? Why are they popular? It makes little sense to pay $90 a month per line. With MVNOs the price is about 20-30$/mo. (Options out there: StraightTalk, USMobible, Lycia, Mint, Visble, Ting, Google FI, etc) Some of these carriers are even…
> Why are they popular? It makes little sense to pay $90 a month per line. Whoever is paying that much probably doesn't do his/her research or have access to some providers. I pay $35/mo to T-Mobile. 5 GB at high speed per month. Unlimited everything else. Seems their minimum is now $40/mo, but it goes down to $35/mo if you have two lines. I'm sure some MVNOs are a lot cheaper, and I'm all for it. But complaining tha…
You are delusional if you think T-Mobile and the other big network providers offer good value for money.
Having recently switched to Mint after years of being swindled by T-Mobile, I'm really sad to see this news.
Re: T-Mobile Reaches Agreement to Acquire Mint Mobile for Up to $1.35B
#175Earlier quoted context omitted.
> I'm pretty happy with my current mobile provider (a Verizon low-priority MVNO) Mind sharing who it is? Especially if you like them. I've been a Mint user for years, but I'm not a fan of T-Mobile (the company) and during some recent travels I've noticed that Mint-to-Mint calls have gotten really bad.
Visible. It's actually a Verizon subsidiary, but you pay $25/mo for unlimited talk and data (though low priority data). There's a trivial hoop you need to jump through to get that rate (join a group of other people with whom you never need to actually interact; there are multiple googelable public groups).
Re: T-Mobile Reaches Agreement to Acquire Mint Mobile for Up to $1.35B
#176Earlier quoted context omitted.
Maybe I just have a soft spot since he's Canadian, but I think in this case Mint's provided some real genuine net benefit for consumers and I think using Reynolds positioning helped them get there.
> Maybe I just have a soft spot since he's Canadian Given that Mint isn't available in Canada, I presume that you must be in the US.
Re: T-Mobile Reaches Agreement to Acquire Mint Mobile for Up to $1.35B
#177Earlier quoted context omitted.
It all depends on how much they oversubscribe their frequency band. As a Verizon, Tmobile, or Att customer you might be able to get 1gbps down .. but why do you need that on your phone? Why are they popular? It makes little sense to pay $90 a month per line. With MVNOs the price is about 20-30$/mo. (Options out there: StraightTalk, USMobible, Lycia, Mint, Visble, Ting, Google FI, etc) Some of these carriers are even…
Apparently Google Fi users have the same priority on t-mobile's network as t-mobile users do. https://www.reddit.com/r/GoogleFi/comments/wd5ijm/qcipriorit...
Re: T-Mobile Reaches Agreement to Acquire Mint Mobile for Up to $1.35B
#178Earlier quoted context omitted.
> Why are they popular? It makes little sense to pay $90 a month per line. Whoever is paying that much probably doesn't do his/her research or have access to some providers. I pay $35/mo to T-Mobile. 5 GB at high speed per month. Unlimited everything else. Seems their minimum is now $40/mo, but it goes down to $35/mo if you have two lines. I'm sure some MVNOs are a lot cheaper, and I'm all for it. But complaining tha…
Magenta MAX is T-Mobile's unlimited data plan; $170/mo for 2 lines. 2 lines with unlimited data with Mint is ~$60/mo. You are paying $35/mo because you're only getting 5GB data. Check how much similar plans cost in India, Europe, Israel, UK (spoiler: they are drastically cheaper). You are delusional if you think T-Mobile and the other big network providers offer good value for money. Having recently switched to Mint…
What part of
> I'm sure some MVNOs are a lot cheaper, and I'm all for it.
did you not understand?
BTW, T-Mobile's cheapest plan now has 10GB - which is more than probably 95% of users need? Paying $60/mo for that via Mint is just money thrown away for most people. To give you an example, I never exceeded 5 GB/mo, let alone 10GB, in over 10 years of using smartphones.
Re: T-Mobile Reaches Agreement to Acquire Mint Mobile for Up to $1.35B
#179Earlier quoted context omitted.
Check if your phone has Band 71 support for good long range communication to the tower with T-Mobile. It's 600 MHz and has excellent penetration through trees. I got 7 mbps up and down through SIX MILES of 100 ft tall trees in Michigan at a cell aimed away from me using a high gain 600 MHz yagi on T-Mobile band 71. The other bands were uselessly attenuated (with smaller yagi antennas and diversity). Verizon has histo…
What do you mean by "high gain 600 MHz yagi"? you can't just attach an antenna to a cellphone, the phone doesn't have the connector for that, but also the FCC has Opinions about you doing that
Re: T-Mobile Reaches Agreement to Acquire Mint Mobile for Up to $1.35B
#180Earlier quoted context omitted.
> even though Mint uses the same exact network. It's the same network, but you get the capacity that's left over after everyone on T-Mobile has had their fill. Which is why I don't get why everyone is always so excited about these MVNOs. To me, it's like bragging about how cheap airfare is when you go standby: "It's the exact same planes!".
I understand this argument, but in practice it has never been a factor in my daily usage of the service. I think the bandwidth improvements by providers over the years have made this a mostly academic concern. I live in a major metro area that should theoretically be impacted by sheer volume of use, and I’ve also spent significant time on the road traveling (recent 7K mile overlanding trip through 15 states is one ex…
Nah, those towers tend to be built & upgraded to have the capacity. Where you mostly notice the MVNO suckage is if you take the biggest road out of town, drive two hours, make a left turn, and then drive an hour away from everything. But then again, wide coverage has historically not been T-mo's strength anyway (they've improved a lot in last few years).