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Mint’s 25 Years For $2,500 Promo In Retrospect

Christian

Yesterday, Mint Mobile ran a one-day promotion offering 25 years of service for an upfront payment of $2,500. In my previous blog post, I argued it wasn’t a good deal. I stand by that. However, part of my post didn’t hold up well:

I won’t be surprised if people who buy the 25-year plan eventually get bought out early. I also won’t be surprised if no one buys the plan and we never figure out what might have happened.
I missed the mark. Here’s a tweet from this morning:

I don’t think Mint’s finance guys are actually mad at Ryan Reynolds. If they are mad, Mint might want to find new finance guys.

When I wrote my blog post yesterday, I hadn’t seen a disclosure Mint made acknowledging that the allegedly 25-year plans might involve early terminations and buyouts:

Pricing, terms, and conditions (including all Terms & Conditions listed here) are subject to change and may be modified or terminated at any time without notice, unlike Bobby’s other deal. Mint Mobile reserves the right to buy back The Bobby Bonilla Plan under certain conditions. But we’re mostly just impressed that you’re interested, honestly.

It’ll be interesting to see what happens.

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Boom Mobile Drops AT&T (For Now)

Christian

As pointed out by Reddit user u/Ethrem, the MVNO Boom Mobile is no longer offering service over AT&T’s network. Another Reddit user, u/cllatgmail, shared part of a conversation with a Boom support agent:

[AT&T] hopefully temporarily, maybe permanently, removed the renewal of data from our plans which does not allow us to activate or renew customers plans. Due to this we are not allowing customers to renew on the yearly plan, so they would have to move to month-to-month. If the data ends up getting cut off before your yearly plan ends, we plan on refunding the remaining months.

The ability to renew on the yearly plan will be rescinded shortly.

At this time, I’m not sure if whatever caused Boom to pull its AT&T plans will also affect other MVNOs offering service over AT&T’s network.

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Prepay For 25 Years of Service With Mint Mobile

Christian 2 Comments

Mint Mobile is offering what’s possibly the goofiest one-day promotion I’ve ever seen. Customers can pay $2,500 upfront for 25 years of service. Here’s how Mint explains the deal:

At Mint Mobile, we don’t like contracts. Because most wireless customers don’t like contracts. But today, we’re making a one-time, one-day exception.

Years ago, former pro baseball player Bobby Bonilla signed one of the most famous contracts in sports history, ensuring he would be paid more than $1 million every July 1st for 25 years. So to celebrate Bobby’s big payday, we’ve partnered with him to offer the Bobby Bonilla Plan:

25 years of Mint Mobile premium wireless service for just $100 a year. That’s right, you can lock in Mint Mobile until it’s time to move to Mars.

You can find more information or order the plan on Mint’s website. As best as I can tell, the plan is real. Besides the unusual time commitment and the price tag, the plan looks identical to Mint’s usual plan with 4GB of data, unlimited minutes, and unlimited texts.

An Awful Deal

25 years for $2,500 works out to roughly $8 per month, about half the usual price of Mint’s 4GB plan. It’s an awful deal though. Every $1,000 invested at 8% interest will be worth close to $5,000 after 25 years.

Perhaps more interestingly, it’s unclear if Mint can honor the plan through the full term. Companies get acquired or go out of business regularly in this industry. Mint probably won’t be around in a few decades. I won’t be surprised if people who buy the 25-year plan eventually get bought out early. I also won’t be surprised if no one buys the plan and we never figure out what might have happened.

Disclosure: Mint is offering me a big commission if I refer a customer to this plan. Seriously though, don’t buy it.

7/2/2021 Update: The promotion is now over. I shared a follow-up post here.

Starlink Aiming For Global Coverage By September

Christian

Gwynne Shotwel, SpaceX’s president and COO was recently quoted by Reuters:

We’ve successfully deployed 1,800 or so satellites and once all those satellites reach their operational orbit, we will have continuous global coverage, so that should be like September timeframe.”

Shotwel’s comments were made during a conversation with Macquarie Group, an investment banking company.

While Starlink may have global coverage before the end of 2021, I expect it will take longer for Starlink to offer service in the majority of countries. The company has plenty of logistical and regulatory hurdles to deal with.

Dish’s Project Genesis

Christian

Dish recently launched a mysterious website, 5gMobileGenesis.com, where visitors can sign up for something called Project Genesis. Few details are available about the project. Here’s a snapshot from the homepage:

Project Genesis homepage snapshot

In an article on Light Reading, Mike Dano suggests “Project Genesis” may be a brand name for Dish’s 5G service. Dano suggests the talk of “democratizing wireless” could be intended to give Dish’s 5G a made-in-America vibe:

The site’s patriotic phrasing doesn’t come as much of a surprise. Dish executives have long touted the company’s desire to primarily use American vendors for 5G (though both of Dish’s radio vendors are based in Asia).

Peter Adderton also suspects Project Genesis is about branding:

I’m not so sure Dano and Adderton have the full story. Here’s the message I saw after filling out a form on the Project Genesis website:

Message congratulating me for being a founding member of Project Genesis

Dish might be using phrases like “original founder” and “democratizing wireless” in an empty matter. But there could be more substance. Helium, which I’m sure I’ll write more about soon, is trying to create a decentralized 5G network. Could Dish be doing something similar?

Tim McDonald, a keen observer of the telecom industry, considered the possibility:

Law enforcement sirens

Trouble At Q Link

Christian 29 Comments

On Wednesday, investigators from multiple federal agencies raided the office of Q Link Wireless and Hello Mobile. While I’m not sure what’s going on, I’m suspicious investigators are looking into possible misuse of the government’s Lifeline program.

The program offers telecom providers subsidies to help low-income consumers pay for phone or internet service. Fraud isn’t anything new for Lifeline. The FCC recently caught Sprint misusing the program. Sprint’s misuse ultimately lead to a $200 million fine.1

CBS4 covered the raid and shared this quote from Ivan Ramirez, a member of one of the agencies involved in the investigation:

We are looking into how they provide their services…If they are to provide a service that is backed by the federal government there are certain stipulations and guidelines that must be met. If they’re not meeting those guidelines or there are some situations where anomalies pop up somewhere we’re going to come in and look.

The websites for Q Link and Hello Mobile were down when I tried to access them on Wednesday, but both websites are back online now. This latest incident only adds to my reservations about both carriers. Just a few weeks ago, I was discussing Hello Mobile and shared my two cents about the company:

I’ve just been so floored by its [Hello Mobile’s] unprofessionalism…seen an outrageous number of customer support horror stories relative to the company’s size…Hello Mobile responded horribly to what was already a pretty unimpressive security failing…the company (or someone it hired) seems to have left spam comments on my site.

A Reddit comment gives a feel for the frequency of the customer support fiascos. Ars Technica covered the security issue. One of my blog posts discusses the spam comments.

Hat tip to Joe Paonessa of BestMVNO who alerted me about this story.

Network abstract

Network-As-A-Service Model

Christian 2 Comments

I periodically write about how the cellular industry in the U.S. might be more efficient if it moved away from the conventional model for network operators. Under the conventional model, network operators have their own hardware placed throughout the country. A typical cell phone user will almost exclusively use his or her operator’s hardware for connectivity.

Other models are possible. Google Fi already allows dynamic switching across multiple networks. Further unconventional models have promise. I love the idea of decentralized networks. What if phones could connect to any cellular base station in an area (regardless of the company that runs it)? Software could automate an instantaneous, auction-like process where each base station in range of a device competes to offer cell phone users the best rates or quality of service.

While there are serious obstacles in the way of a decentralized model, there are rumblings about a less-extreme, network-as-a-service model for the U.S. While it wouldn’t be decentralized, third-party companies with network hardware could rent access to operators. Mike Dano of Light Reading dived into the possibility yesterday:

Just like the tenants of an apartment complex, wireless network operators like AT&T and Verizon pay rent to cell tower landlords for space on their towers.

And one analyst firm [Cowen] suggests that, in the future, those network operators may also rent their 5G radios and antennas from cell tower operators, too…Some executives in the cell tower industry agree that it’s a topic of discussion.

The full article is worth reading.

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Verizon’s C-Band Timeline

Christian

Earlier this week, Verizon shared a press release detailing the company’s plans for deploying C-band equipment. As the equipment is deployed, Verizon will start making use of a huge swath of C-band spectrum it recently spent over $45 billion acquiring.

Some of the spectrum still needs to be cleared by previous holders. Further, it will take Verizon some time to roll out its new equipment. Here’s what Verizon’s deployment targets look like right now:

  • March 2022: 100 million people covered
  • 2023: More than 175 million covered
  • 2024+: Over 250 million covered

That’s based on this bit from Verizon’s press release:

Although the initial spectrum won’t be cleared until the end of this year, Verizon and its vendor partners have already begun the work to ensure the super-fast 5G Ultra Wideband service using C-band is deployed to 100 million customers by March 2022…In the first quarter of 2022, Verizon expects to put into service the new 5G C-band spectrum in the initial 46 markets and to provide 5G Ultra Wideband service to 100 million people. Over 2022 and 2023, coverage is expected to increase to more than 175 million people and by 2024 and beyond, when the remaining C-band spectrum is cleared, more than 250 million people are expected to have access to Verizon’s 5G Ultra Wideband service on C-band spectrum.
The word "update" in a graphic

Xfinity Mobile Updates Pricing

Christian

Today, Xfinity Mobile updated prices for accounts with multiple lines on the carrier’s unlimited plans. While Xfinity Mobile used to charge $45 per unlimited line, the cost per line now varies as additional unlimited lines are added to an account:1

Unlimited LinesOld PriceNew Price
1$45$45
2$90$80
3$135$100
4$180$120

Subscribers with family plans can still mix and match between Xfinity’s unlimited plans and the company’s by-the-gig plans (this is a hugely underrated perk for families). Pricing for by-the-gig plans remains unchanged.

Competitive Pressure

While Xfinity’s by-the-gig lines have always been priced extremely competitively, Xfinity Mobile’s unlimited plans have offered more of a mixed bag. $45 per month was a good price for a single-line, unlimited plan. Pricing was not as appealing for families that wanted several lines with unlimited data.

With Xfinity Mobile’s latest update, the carriers’ family plans with unlimited data are now usually cheaper than those offered by Verizon, AT&T, and T-Mobile. As Joe Paonessa points out, several small carriers still sometimes offer lower rates on unlimited plans than Xfinity Mobile or the Big Three Networks.

Old cell phones

T-Mobile Offering Free 5G Phones

Christian

Today, T-Mobile announced that it’ll offer customers the Samsung Galaxy A32 5G more-or-less for free.

The A32 has a regular price of $282 and is substantially less fancy than most of the 5G phones on the market. Still, from the bit I’ve heard about it, the A32 seems like a solid entry-level device.

Both new and existing customers can take advantage of the promotion by trading in a phone. Any working phone is sufficient as a trade-in:

This offer applies to new and existing customers, and ANY old phone in working condition — flip phone, Sidekick, whatever that suitcase phone was called. T-Mobile will take it.

Detailed Terms

The deal will be available starting April 18. Customers that take advantage of the promotion will get monthly bill credits for 24 months that effectively cancel out the usual $11.75 per month customers would have to pay for the A32 on an installment plan. Tax on the usual $282 price is due at the time of purchase.

Customers that cancel service before receiving all the monthly credits will be responsible for the unpaid portion of the A32’s cost.

5G Marketing

While T-Mobile’s network is worse than AT&T and Verizon’s networks in many respects, T-Mobile is the clear leader in 5G. T-Mobile has the most 5G coverage and arguably leads in 5G speeds. The company’s decision to offer free 5G phones looks like part of a larger goal of building hype around T-Mobile’s 5G dominance.