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Sprint, T-Mobile Merger Killed Wireless Price Competition in U.S.

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Re: Sprint, T-Mobile Merger Killed Wireless Price Competition in U.S.

#5
I will say, I'm not terribly fond of mergers on principle. However, based on my insight as a former customer and shareholder of the company, Sprint's goose was most definitely cooked to a crisp. If this merger had not happened, I could have seen Sprint file for bankruptcy, with Verizon and AT&T picking the carcass clean.

I think folks forget how dire Sprint's straits were at the time, and this specific merger truly was the least of all evils.

Re: Sprint, T-Mobile Merger Killed Wireless Price Competition in U.S.

#7
post #6

and they acquired Mint, which almost certainly means my $30/mo prepaid plan will disappear soon.

Really sad to see the got Mint.. Cheers for the people that profited, but I feel this is a more serious blow than the sprint takeover.

Re: Sprint, T-Mobile Merger Killed Wireless Price Competition in U.S.

#9
post #4

DOE needs to stop approving mergers and acquisitions over $150 mil or so. Every such merger: Facebook/Instagram, Google/Youtube, etc has been a disaster.

They were great investments for soon to be has beens. And helped the acquisition flourish too.

Re: Sprint, T-Mobile Merger Killed Wireless Price Competition in U.S.

#10
I'm struggling to feel the lack of price competition here in the US. It feels like mobile service has continually improved over time with fairly constant competition from MVNOs serving to experiment with different pricing models, as bandwidth has continued to be deployed.

T-Mobile needed that Sprint merger to remain a viable nationwide competitor to Verizon and AT&T, and now they've done that.

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