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French Provider Free Could Buy US Branch of T-Mobile
Guybrush_T (980074) writes Iliad, the parent company of Free, confirmed today having made an offer to buy 56% of the U.S. branch of T-Mobile. This could be very good news for the U.S., since the provider reduced significantly the average price of mobile plans in France since they entered the mobile market two years ago. Their disruptive strategy, featuring an all-inclusive €20/month plan and a €2/month plan gathered 11% of the French market in only two years and lowered the price of plans by a factor of 5 to 10.
Please everyone just leave T-Mobile alone. They are doing great the last few years. I don't want them ruined by Sprint or Iliad or Dish or anyone else!
Competition is good and T-Mobile is proof of it. Even if you don't use T-Mobile and never will, you have STILL BENEFITED from many of the things they have done lately which have been forcing other carriers to make changes.
Just today:
"T-Mobile posted its second quarter earnings today, and the carrier is continuing momentum as far as customer acquisition is concerned. The Uncarrier managed to add an additional 1.5 million customers in the second quarter, which makes it the fifth consecutive quarter in which the carrier added more than 1 million subscribers. The influx of new customers meant that T-Mobile's revenue rose by 15.4 percent to $7.2 billion. 50 million total subscribers now."