T-Mobile faces new FCC questions over Mint purchase
T-Mobile faces new FCC questions over Mint purchase
The FCC is probing into T-Mobile's proposed $1.3 billion purchase of Mint Mobile, which is fronted by actor Ryan Reynolds. The agency asked a range of questions about cybersecurity, distribution and public-interest benefits.
You're viewing a single thread.
Never Ever ever has there been a corporate merger that benefited customers and employees. It only benefits stockholders customers have less options employees get laid off and the product robustness suffers.
I think some things can be beneficial to customers. For example, with the T-Mobile and Sprint merger, we got a ton more spectrum, and so speeds are super fast now. And we also got the T-Mobile Connect plans, which is what I use.
Permanently Deleted
Now that is a good point.
It usually doesn’t benefit the shareholders either. Something like 80% of all M&A activity is considered a general failure.
Projected “synergies” never come to fruition because employees on both sides are handled poorly in the transaction. A firm’s capabilities only exist because of its employees; when they all leave, most of the value goes with them.