Menu

Search

  |   Technology

Menu

  |   Technology

Search

‘T-Mobile’ To Make Customers Into Investors Via Free Company Stocks

T-Mobile.Mike Mozart/Flickr

“T-Mobile” is looking to shake up the mobile carrier industry once again by offering their customers with free company stocks via its Stock Up rewards system. The offer extends to both new and existing customers, which would then effectively make them investors in the company. Most mobile carriers tend to claim that by buying their products, customers are already investors in their businesses. “T-Mobile” simply went the literal route and removed any vagueness in the equation.

As CNET clarifies, customers will only get one share each. Since the mobile carrier services millions of clients, offering any more than that out of hand would have a significant effect on the company’s stability. Even so, customers who refer relatives or friends to “T-Mobile” will be given a chance to earn more shares.

Aside from the stock give-away, customers will also be given weekly freebies in the form of pizzas from Domino’s, Wendy’s frosty dessert, free movies, and more. The initiative is part of T-Mobile’s Un-carrier 11 which is the latest in the mobile carrier’s ongoing customer appreciation plan.

Tech Times also mentioned that the weekly promos will occur every Tuesday and one customer will be chosen to get a bigger price than usual. One example is how one customer got to bring 40 friends to watch the movie “Warcraft” while riding a party bus.

These are simply the most recent in a string of rewards that the carrier is giving to its loyal customers. Two major services that are already in effect is the data-free music streaming via Spotify and data-free movie streaming via Netflix.

This is the third time that the event was held, which has proven extremely effective in attracting more customers. Much of the positive effect is also attributed to the stark difference in how the mobile carrier treats its customers compared to its two, bigger rivals. This resulted in more customers switching over to “T-Mobile.”

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.