Report: Un-carrier 11 to be called 'Stock Up' and awards T-Mobile shares to postpaid subscribers


Stock market analysts who use charts to make investment decisions are quite bullish on T-Mobile. The stock just made a new 52-week high today and technical analysts would cite this momentum as a reason to expect the stock to go higher. Why the focus on T-Mobile's stock? Because a report in Venture Beat today says that the operator's Un-carrier 11, to be announced on June 6th, will be called Stock Up and will result in T-Mobile shares being disseminated to the company's subscribers.

According to today's report, which comes from reliable tipster Evan Blass, T-Mobile's postpaid subscribers will be allowed to snag 100 shares of T-Mobile stock (ticker symbol TMUS) every year. The first share (currently worth $43.63) will be given out to any qualifying subscriber who downloads the T-Mobile Tuesdays app before June 21st. This app will allow T-Mobile subscribers to receive free weekly giveaways every Tuesday. Some examples of the rewards could include a Wendy's Frosty, a Domino's Pizza, or a free movie download from Vudu. The share of stock can be claimed by T-Mobile customers from the Loyal3 website. This is a site that provides commission and fee-free investing in the shares of popular consumer brands. New customers will be given a three-week time period to claim their stock.

T-Mobile subscribers will be able to receive up to 99 more shares by referring friends and family to T-Mobile. One share will be given out for each referral that opens and maintains a new T-Mobile account for 15-days or longer, which is one day longer than the two week period during which a new customer can get a refund on a recently contracted new line.

Those who have been with T-Mobile for more than five-years will receive two shares for each referral that sticks for 15-days. To earn the annual maximum of 100 shares, a long-time subscriber will have to get 50 friends or family members to open T-Mobile accounts while others will have to get twice that many to sign up for more than two weeks of service.

This is another shrewd move by T-Mobile since it aligns a customer's financial interest with those of the company. True, the potential rewards are modest (unless you get all of your friends and relatives to sign up) but it might give subscribers the feeling that they will do good financially if T-Mobile does good financially.
 
source: VentureBeat via TmoNews

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11 Comments

1. fyah_king unregistered

Nice!

2. zunaidahmed

Posts: 1183; Member since: Dec 24, 2011

That was not expected. My uncle used to work in a company called Technicolor back in Michigan 4-5years ago and they also used to give away company stock to the employees. But Tmobile is actually giving it away to the customers, I don't think the big red and blue will ever do this.

3. Mreveryphone

Posts: 1821; Member since: Apr 22, 2014

All this stock giveaway talk will be contingent on what T-Mobile does in the future... Is DT still trying to sell? Will T-Mobile keep up the pace in network build out? Will T-Mobile be competitive with with it's 5g roll out? I guess free stock is free stock though... I'm all in!

4. Subie

Posts: 2361; Member since: Aug 01, 2015

Innovative way to encourage customer growth and loyalty. Good for T-Mobile!

5. MrElectrifyer

Posts: 3960; Member since: Oct 21, 2014

Wow! Now giving actual rewards you can use for anything outside of mobile phones!? Just...WOW! So much generosity for just being a customer! Even though I'm no customer ('cause T-Mobile isn't here in Canada), thank you very much T-Mobile, for shaking up the mobile industry and being very awesome! Organizations like you are the ones I truly want to support!

10. elitewolverine

Posts: 5192; Member since: Oct 28, 2013

I would find a US address, get the NA plan, since it allows you to use Canada USA and Mexico as one calling zone for free. It would be $50 for unlimited talk text and 2GB Data with hotspot, unlimited normal data.

11. MrElectrifyer

Posts: 3960; Member since: Oct 21, 2014

Really? So there wouldn't be any roaming charges for making calls to Canadian numbers while I'm in Canada? Last time I checked, it was unlimited text and data while roaming, but calls were charged while roaming. Also, would they be able to transfer my Canadian number? I've been using the same number since 2007 even when I switch carriers, wouldn't wanna lose it.

6. syed_itsa

Posts: 50; Member since: Feb 05, 2015

t-mobile will rock. It will be customer company. AT&T / and Verizon are Just ???????

7. zunaidahmed

Posts: 1183; Member since: Dec 24, 2011

T-Mobile is like a tree, grows up with the nutrients the customers provide to give back fruit and oxygen, while the other big blue and red are parasites, eating off out flesh and giving back nothing, they even charge so much.

8. Odeira

Posts: 300; Member since: Jun 29, 2012

I support this wholly and applaud T-Mobile for doing this by all means, but why do I get Amway Pyramid Scheme vibes with their approach (You get more stock by inviting someone to stay for at least 15 days, and then said person can invite someone else to stay for at least 15 days and that person gets stock, and so on and so forth, or am I missing something here...?)

9. joevsyou

Posts: 1091; Member since: Feb 28, 2015

Nope you are not missing anything and it's genius. They are actually rewarding people with a new source of money for those who want to refer others. It's a Win-Win, You have the ability by making over $4000+ by getting someone sign up, Then that next person as the ability to make $4000+ all while TM just keeps racking in new customers. Now the question is does that 100 limit go away after 1 year? Because i feel like If someone can pull in 1000 new customers should get get 1000 shares Because if they do someone WILL turn this into their job.

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