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.
Sprint, T-Mobile Merger Killed Wireless Price Competition in U.S.
101–110 of 259 posts
Re: Sprint, T-Mobile Merger Killed Wireless Price Competition in U.S.
#102DOE needs to stop approving mergers and acquisitions over $150 mil or so. Every such merger: Facebook/Instagram, Google/Youtube, etc has been a disaster.
> Google/Youtube Just a reminder that Google purchased YouTube in October 2006 , about 18 months after it launched. Google already owned YouTube when "Charlie Bit My Finger" went viral in 2007. Google owned YouTube before they launched Chrome, back when they were still the heroes of the internet. There might be some people who are still nostalgic for a pre-Google YouTube, but for most people the better times that the…
Only likes of Google could have bankrolled it. Google did this intentionally to destroy all competition in the video space. Ultimately successfully.
Re: Sprint, T-Mobile Merger Killed Wireless Price Competition in U.S.
#103Earlier quoted context omitted.
We're in a better spot then with the AT&T monopoly because there are three viable carriers almost everywhere. The Baby Bells were local monopolies, and you had to get long distance service from the national monopoly. I never understood how people see that as a win.
The point being made is that AT&T should have never been allowed to reform itself as it did, probably along with numerous other acquisitions/mergers that the government approved that they should not have. There was a period of time late in the last century when many of us had numerous (i.e. 5-6) options for a while.
Re: Sprint, T-Mobile Merger Killed Wireless Price Competition in U.S.
#104Earlier quoted context omitted.
The problem with MVNOs, at least that I'm noticing as a Google Fi subscriber, is I believe MVNOs are deprioritized. In a congested area, folks who have direct service with Verizon or T-Mobile seem to have better reception and bandwidth than I do.
Not all MVNOs are deprioritized. Many are, but the Reddit thread mentioned in a sibling comment outlines it well. Been with Verizon Wireless for 20 years. Got sick of how expensive their entry level 5G plan was with deprioritized data. Switched to US Mobile a few months ago. Half the price month-to-month, good prioritized data pool (35GB), and 5G UW access.
https://www.reddit.com/r/USMobile/
https://www.reddit.com/r/USMobile/comments/1bl7qf4/hey_you_y...
https://www.reddit.com/r/USMobile/comments/1cjn4qa/launching...
Re: Sprint, T-Mobile Merger Killed Wireless Price Competition in U.S.
#105Earlier quoted context omitted.
Unfortunately, the increasing prevalence of eSIMs in new phones makes temporarily switching to a foreign carrier far more inconvenient than "just buy a SIM at a vending machine".
The increased prevalence of eSIMs has made using a foreign carrier easier than ever. You don’t even need to find a vending machine or store. You can purchase your eSIM online before you even get to your destination.
Re: Sprint, T-Mobile Merger Killed Wireless Price Competition in U.S.
#106I 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 w…
The regulators could have forced the big four carriers (now three) into a common carrier model. In that setup, all cell providers would effectively be an MVNO, and the three (then, four) physical networks would be operated at arms length from the consumer facing side. Also, the four networks could be structured so that their financial incentives were to improve cell coverage and bandwidth instead of undermining each…
Regulators can work to make it extremely simple for new techs in this space to come up so there is real competition for ATT etc.
Re: Sprint, T-Mobile Merger Killed Wireless Price Competition in U.S.
#107I 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 w…
Re: Sprint, T-Mobile Merger Killed Wireless Price Competition in U.S.
#108I 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 w…
I don't follow this industry at all, so I'm out of the loop. Are you saying Sprint could not have possibly reversed course? (E.g. through pricing or even new leadership) Sometimes when companies are trying to merge, executives from both sides will come out and say it's "necessary" and push the narrative that one or both will go bankrupt without the merger. In cases where that strategy doesn't work it, unsurprisingly,…
The main reason they were attractive to T-Mobile is that large amount of spectrum they owned, which was very valuble for 5G.
https://www.rcrwireless.com/20160401/featured/worst-week-bol...
Re: Sprint, T-Mobile Merger Killed Wireless Price Competition in U.S.
#109Earlier quoted context omitted.
Corporate bankruptcy is a scam. Any merger on auction should acquire existing debts, and execs should be a lien against wealth and future income.
What a ridiculous proposal. Eliminating corporate bankruptcy and making employees personally liable for business debts would wreck the US economy. If debtors take a haircut then it's their own fault for lending in the first place; no one is forced to buy corporate bonds and vendors always have the option of requiring cash on delivery.
Letting employees loot the company for their own profit isn't any better.
Re: Sprint, T-Mobile Merger Killed Wireless Price Competition in U.S.
#110Earlier quoted context omitted.
I mean Sprint was strictly CDMA, so that would be an issue on it's own.
> I mean Sprint was strictly CDMA, so that would be an issue on it's own. How so? Sprint operated 4G LTE, which is a GSM technology (or alternatively, unified the two, depending on how you look at it).
This is why Sprint and Verizon used whitelists: they literally couldn't accept GSM-only devices because you wouldn't be able to make a phone call (the phone would try UMTS but only the non-supported CDMA2000 can be used to actually call, so in turn no phone calls).
Sprint went further by using the CDMA provisioning system on top of LTE instead of just using SIM cards and 3GPP provisioning like most GSM and CDMA carriers. This was a nightmare for custom ROM users like me as custom ROMs were designed for GSM carriers in mind and Sprint was at best an afterthought.