Sprint’s new promotion could lure in up to 50,000 customers from T-Mobile

You may have heard of Sprint’s 50% promotion where any subscriber of AT&T and/or Verizon could get 50% off their current monthly invoice just by moving to Sprint. As of today, Sprint is bringing back the promotion and additionally adding T-Mobile to the offering.

By adding T-Mobile, analysts are predicting that 50,000 current customers of T-Mobile will move to Sprint. T-Mobile is the nation’s third largest carrier making the deal available to anyone on the nation’s top three most populated carriers.

Tech analysts from Jefferies made the following statements:

“Given the inclusion of T-Mobile in Sprint’s new half-off promotion, we reduce our postpaid handset net add estimates from 950k to 900k to reflect a modest potential impact…While it is too early to ascertain the impact of the 50% off promotion, the T-Mobile counter promotion could be an indication of early success, though we view this more a misstep by TMUS than a market inflection.”

In response to Sprint’s promotion, T-Mobile’s CEO made some comments on twitter and the company fired back with a deal of their own. Those who had port their number from Sprint to T-Mobile were able to claim a $200 credit towards each line. However, the deal lasted only one day and has now closed.

As for Sprint’s deal, customers of all three major U.S. carriers will have until January 6, 2016 to redeem the 50% off. And in case you were wondering, Sprint’s current deal that covers early termination fees up to $650 per line, will remain active during the 50% off period. Now may be the best time ever to switch to Sprint!

Source: FierceWireless

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