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.
this post was submitted on 29 Oct 2023
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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.
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.
Ugh, we're going to be left with like 5 syndicate corporations that own and run the entire world.
We kind of already do. Ever heard of Google and Amazon?
I need to exit mint. What's the next option? Something that is not republic wireless or Google Fi, sprint, att, etc asshole companies. Is there anything else out there?
Visible? It is owned by Verizon.
Not really, Republic is an MVNO of Verizon. Mint is an MVNO of T-Mobile. Cricket is an MVNO of AT&T. I guess you could go with Dish, but that's laughable.
I hate not having a choice.