The iPhone's Role In Crippling T-Mobile

GMGruman writes "The feds may be blocking AT&T's buyout of T-Mobile, but T-Mobile is in poor shape to continue as is. Parent company Deutsche Telekom's decision not to invest in U.S. spectrum a decade ago constrained T-Mobile's ability to grow, especially through 4G networks now finally emerging. But from a customer point of view, it was the iPhone that has threatened the company the most. Or, more precisely, its lack of the iPhone."

Comments

Re:insane government

[Hazel Bergeron]

When a man announces himself to be a libertarian he is usually just finding an excuse for not being good enough in his own eyes.

Anyone he regards as successful must therefore have got there through immoral means. Because if Buffet got really rich through being a very fine capitalist investor then.. well.. the system worked for him.. and if it worked for him but not for roman_mir it must be that roman_mir simply isn't as good as Buffet.

The other annoying thing for libertarians to have to accept is that once people have got really rich they do curry favour with government. Why is that? Because powerful people enjoy power but don't abide by a sophomoric list of principles. Nearly every newly super-wealthy man is a demonstration of (i) how capitalism can make people very rich through clever investment; (ii) how capitalism inevitably includes a strong dose of cronyism.

The real world: it's simple when you are prepared to accept what you observe.

Re:insane government

[roman_mir]

Now that is fine quality trolling you are doing there.

Warren Buffet publically thanked the US government for bailing him out, with all his 'wisdom', he was betting on the mortgage market right before it collapsed.

...One of Wall Streetâ(TM)s giant investment banks had gone bankrupt, and the remaining three were poised to follow. A.I.G., the worldâ(TM)s most famous insurer, was at deathâ(TM)s door.

Many of our largest industrial companies, dependent on commercial paper financing that had disappeared, were weeks away from exhausting their cash resources. Indeed, all of corporate Americaâ(TM)s dominoes were lined up, ready to topple at lightning speed. My own company, Berkshire Hathaway, might have been the last to fall, but that distinction provided little solace.

then he thanks them

Well, Uncle Sam, you delivered. People will second-guess your specific decisions; you can always count on that. But just as there is a fog of war, there is a fog of panic â" and, overall, your actions were remarkably effective. ...

then he thanks them a bit more

So, again, Uncle Sam, thanks to you and your aides. Often you are wasteful, and sometimes you are bullying. On occasion, you are downright maddening. But in this extraordinary emergency, you came through â" and the world would look far different now if you had not.

Your grateful nephew,

Warren

Warren E. Buffett is the chief executive of Berkshire Hathaway, a diversified holding company.

Today Buffet is again 'investing' into the banks, the people don't understand that his investments are preferred stock, not common stock, so he gets 10% dividends paid before anybody else gets their 1% (and it will have to be cut, so that Buffet can get paid.)

As Buffet gets paid, his companies get bailed out, the people who are on the hook for it are foreign creditors and eventually US taxpayers, and eventually just all US citizens.

As Buffet gets paid on one hand, he talks about raising income taxes on 'the rich', without getting into too much detail on how he personally benefits from these taxes, especially the estate tax, as his company liquidates companies at whole sale prices when cash must be raised to pay the death tax (which is theft, obviously, who here thinks that in a family anybody who uses money that they didn't earn directly must pay income taxes on it in the money pool? If your kid or your S.O. buys something with money you earned, or you buy something with money they earned, shouldn't you be forced to pay income taxes by this logic?)

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So, Hazel whatever, when you talk about how "libertarian is not good enough in his own eyes", why don't you put a stick through your own eye?

Anyone he regards as successful must therefore have got there through immoral means.

- what a bunch of BS. Absolute non-sequitur and putting words into my mouth that I have never in my life spouted.

YOU ARE A TROLL, never mind what the moderation says.

but don't abide by a sophomoric list of principles

Fucking BS as well. You have just said that Peter Schiff, Mark Faber, Jim Rogers and similar guys have no principles? They are rich, but they are rich on their own feet, not because of government, but always despite it.

So I have just two words: fuck you. Nothing else for you.