T-Mobile Wants $1B Break-Up Fee If Sprint Deal Fails
It Seems Tmobile...
This whole idea of breakup fees is a joke. Even though I fought the AT&T/Tmobile buy, I didn't see the logic in the break up fee. They were never together to break up. Same here. Sprint and T-Mobile are not yet an item. Tmobile needs to keep its pants on and start acting like a serious wirless carrier. All its whoring around has done nothing to hurt AT&T or Verizon. And even as far as not hurting Sprint. All Tmobile has done, is get horizontal with the cheapest customers from the larger three. But, it is the higher paying customers that keep the companies in business. Who is going to pay for all these free things T-Mobile i...
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TMobile has gained some of the low cost customers from the Big 3, but it also has given customers some great benefits that the big carriers dont want to honor, even after a merger. While these customers are not as profitable, T-Mobile has made it seem that there is no reason to not offer these initiatives to all customers - thus, why would the other carriers wanna buy out T-Mobile if these low cost customers werent important - because they are actually some of the most important.
Also a "break up" refers to the fact Sprint and T-Mobile have already agreed to discuss a possible merger. It's like an engagement. One promises to honor the other by giving a ring, and in this case, promises to honor the merger...
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