I totally agree with someone who said it was a shame what happened to Metro after T Mobile took them. Yes, it’s a shame. My sister worked there and she says Metro is unrecognizable now.
In fact, it seems to me that everything T Mobile does ends up being quite a debacle. I don’t remember the last time this company made a good move that brought us prosperity?
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Regardless of which side - TONS of job cuts on the way.....
Oh and by the way, there was a time I could go into any mall and there would be a minimum of three t Mobile stores/ kiosks. They should have just put 1 right next to the bathroom. There was one mall that had 4 kiosks and 1 store. So yeah, that made a lot of sense for the t mo employee that said metro over built. You really are clueless. The dealer holds the bag and it was basically a billboard for Metro. How clueless some ding dongs are. Anyways I put my severance in GameStop round 1 and 2. Thanks...
Ah the T Mobile employee. Blinded by the big brother disease. Your leadership came in and destroyed a good company. Then they were kicked out of the sand box to protect from further damage. There was more talent at Metro than T Mobile. If talent is planting tulips on the leadership you win. If you can’t sell to them, buy them out. Cause That’s how you grew. You are losing what others lost. The sleeping giants are starting to get your magenta customers. So talk about churn and fraud. I want to see if you will have success now that you have to sell against two Goliaths. They aren’t perfect either but way better than t mo. If you worked at Metro you would not be a social security number, p number, or email address. You were a human. I don’t need to say anything else, in time you be Freiered! Hope you can afford some koolaid with your severance!
Metro employees getting blasted, I think they did a great job. But 1000% agree - it's honestly time for all of them to go, hate to say it.
Bye bye remaining Metro folk.
TMO will release at least half of them if not all. There just isn't anything to do anymore. The dealers pay no attention to them. TMO can save BIG cash by eliminating that dept (and they will.....).
They keep saying "one company" - yet they continue to run this as 2 separate ones and Metro people continue to refer to themselves as "Metro". Time to clean this up.
Even if you had plenty of spectrum, you couldn’t make it in 2013 as a small company. Were’nt they in like a dozen markets or something? Cricket was purchased by AT&T, Boost by Sprint, the game for MetroPCS was over. Just like every other regional company before like Alltel, Powertel, and the list goes on. Expanding to new markets is easy on a national network. No customer base. All sales = all growth. What to do after that’s over is hard. When you have a base of customers that are churning and must be replenished. I’m very surprised that they’re still growing.
I never saw any of this so-called Metro talent. They all needed to go years ago. How hard is it to get a bunch of sh–ty dealers and have them open up stores across the country? Big deal. You guys are completely confused — Metro wasn’t a cash cow. They were a small regional company with no future. You’re drinking too much Metro purple kool-aid that Tom and Tracy gave to you. Braxton was damn good — he evolved!
Metro was the cash cow for T mobile for many years funding all the uncarrier moves ...metro was running out of spectrum or else would not have needed the merger in 2013 but without the spectrum the merger had to happen
Many many tenured good people were let go by t mobile in 2020, shame they cut loose all that talent :(
Bottom line, if you are at t Mobile, drink the kool aid so you can stick around. If you are with Metro, you should worry. Learn from my mistakes, don’t get complacent, control your own future, and find a place where it is okay to think for yourself and contribute constructively and with respect to growing and adding value otherwise you will always be looking over your shoulder. Kissing but only goes so far, your skills eventually get you.
As someone who has worked both 'purple' and magenta - i will agree with most of the last person's comments. Metro WAS overbuilt. But that said - that team did an amazing job building markets and a brand and bringing in boatloads of cash - most of it (all of it) in the last couple of years swallowed up by the TMO side. And people who were let go, i knew many of them, didn't "do nothing...". Many hard workers and alot of talent let go. In fact, it seemed like the most talented ones were the ones let go..
NOW. Here lies the problem with current Metro. Although good in theory, the new comp plan for dealer's isn't working. They're losing money hand over fist because they have too many expenses for the razor sharp, low profit margin.
PROBLEM 2 (and a bigger one...). The fact is, there are almost no new Metro customers. Nearly every single new activation is someone who was ALREADY a Metro customer before. The customer base buys. Then leaves for a few months. Then comes back as a "new" customer. Then leaves. Then comes back. And over and over.
The way its now set up makes it really unnecessary to have any Metro staff at all, other than maybe 1 operational auditor per region. That's it. And i hate to say that -but its a fact.
Unfortunately for the remaining Metro employees, I would look for a huge round of layoffs anytime after April 1. Certainly many will go.
You’re wrong about that. The old Metro team WAY overbuilt the Metro stores in 2017 and hit a massive growth wall doing terrible business with lots of fraud and had a dealer compensation plan that encouraged fraud. They had millions of dollars of clean-up back then. Now, the dealer compensation plan is much better rewarding customer tenure vs. paying them all up front that was encouraging the fraud. Store count was reduced to a more rational number too. As far as I can tell, my friends tell me that profitability stalled three years ago and now is growing again thanks to all of the effort and success from the current leadership team including Jon Freier. And people doing practically nothing were let go. Metro was the only prepaid brand that grew in Q4. I don’t think that squares with “screwed it all up”. Sorry......... try again.
First comment is clueless. Metro was a cash cow. They PAID for all the uncarrier moves, period. Jon Freier came in, thought he knew what he was doing, and screwed it all up. Go talk to any store that's been open 5+ years, they'll tell you what's up. Or just look at the rampant fraud taking place now that Jon fired the audit tems not once, but twice in one year. It's a new disaster every day.
Incorrect about Metro. Metro was printing money just caught in a growth issue needing spectrum like all carriers do. Think about this, if Metro was going out of business then why did Legere keep them around and not rebrand until 2 yrs to 3 yrs ago. They tried but realized the cash flow. When acquired they had 9 million subs or there about. They doubled that because they got rid of CDMA and went to GSM. Good synergy. At the time; t mo had 32 million subs. So then combined went to 41 mil subs. Give Legere credit he did grow both. Great leadership! Metro doubled their subs and then some. Wikipedia is tough sometimes to gather facts but it was public record at the time of acquisition. Look it up... All stocks are silly right now. All based on speculation. AT&T and VZ could make T mo life interesting if not careful. Your comment is exactly what is wrong. Metro wasn’t your competitor. If they continued to work together they could have seen the value. No more 40 mill Sprint customers to cherry pick, you will actual have to sell now. No need to get mad, time will tell if the stock stays at the current level, just wanted to give you some knowledge.
Metro almost went out of business before T-Mobile bought them and saved them. They were stuck in 2004 and couldn’t figure it out. T-Mobile stock price was $16 when they acquired Metro after going public. Now $125 with many saying $170+ in a year. Right, huge debacle!