Everything is fine!
https://ir.echostar.com/news-releases/news-release-details/boost-mobile-brings-customers-more-value-free-year-service
8 replies (most recent on top)
@"Boost Mobile to Offer All-New iPhone 16"...
***Big Deal! Tmobile, At&t, Verizon, Xfinity, Best Buy and literally dozens of other carriers and retailers in U.S. and worldwide carry the iPhone.
https://support.apple.com/en-us/101569
"As the NEWEST NATIONWIDE CARRIER, we pride ourselves in providing customers the freedom to purchase exactly what they want with value and flexibility," with iPhone said Jeremy McCarty, SVP at Boost Mobile.
***False Claim - Boost Mobile was established in 2001 (23 years ago)!!!
https://en.m.wikipedia.org/wiki/Boost_Mobile_(United_States)
Boost Mobile to Offer All-New iPhone 16, iPhone 16 Plus, iPhone 16 Pro and iPhone 16 Pro Max
https://markets.ft.com/data/announce/detail?dockey=600-202409121024PR_NEWS_USPRX____LA04866-1
Sketchy not really truthful Marketing offer by Boost...read the fine print as FREE ain't so FREE...
Basically you get an equivalent $300 yearly discount off a higher priced plan that would cost you either $600 or $720 over the course of a year. Also, extra fees whatever they are....
"one FREE year of service on Boost Mobile's $25 Unlimited plan. When new or existing customers purchase an eligible 5G phone, including the latest Apple and Samsung devices, at full price on BoostMobile.com, they will receive a free year of service or $300 off 12 months of service with the $50 Unlimited and $60 Unlimited Premium plans.1
1 Taxes and fees extra.
This only reinforces that a majority of US consumers have no understanding of marketing, pricing, and the business contracts that drive the price YOU pay as a consumer. Someone is sitting on an absolute massive warehouse of product that is already purchased and needs to get 'flushed' off the books.
Don't be blinded with the current play of posting these "Good News" posts. They will distract you from the fact that there's been several leaders who have left very quietly the past week or so. 9/16 is fast approaching. This is a date I was told from a few on the Talent team.
I guess you missed 2Q24 results. Boost Mobile still a "loser!"
New customer activations down...free year of service wreaks of desperation!
Retail Wireless net subscribers decreased by approximately 16,000 in the second quarter, compared to 188,000 in the year ago quarter. The company closed the quarter with 7.28 million Retail Wireless subscribers. The decrease in net retail wireless subscriber losses resulted from a lower retail wireless churn rate, offset by lower gross new retail wireless subscriber activations. The second quarter was negatively impacted by net losses of government subsidized subscribers, including Affordable Connectivity Program ("ACP") subscribers, compared to net additions in the year ago quarter, primarily due to the ACP program funding concluding on June 1, 2024. Excluding the impact of net losses of government subsidized subscribers EchoStar added approximately 32,000 Retail Wireless subscribers in the second quarter.
Broadband net subscribers decreased by approximately 23,000 in the second quarter, compared to 55,000 in the year ago quarter. The company closed the quarter with 955,000 Broadband subscribers. The net broadband subscriber loss improvement was primarily due to the new EchoStar XXIV satellite service launch and increased subscriber demand for our new satellite service plans.
https://ir.echostar.com/news-releases/news-release-details/echostar-announces-financial-results-three-and-six-months-6
A rehashed existing offer where you sell a device and devalue the service with it? Yup, sounds like another Jeremy and team nonstarter.
Wouldn’t this cost more money for the company? At a time especially when a BK might happen soon. I am confused.