How do cheap cell phone plans make money? And other questions
The Indicator from Planet Money
NPR
4.7 • 9.5K Ratings
🗓️ 17 November 2023
⏱️ 9 minutes
🧾️ Download transcript
Summary
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Transcript
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| 0:00.0 | NPR. This is the indicator from Planet Money. I'm Waylon Wong. |
| 0:14.4 | And I'm Darren Woods. |
| 0:15.6 | And I'm Adrian Ma. |
| 0:16.7 | And it is time for another edition of Listener Questions. |
| 0:19.9 | That's where we collect some of your burning questions and find the answers. |
| 0:24.4 | Today we're looking at women returning to the workforce, |
| 0:27.8 | labor unions, are they good or bad for the economy? |
| 0:31.1 | And what is up with Ryan Reynolds talking cell phone plans all the time. |
| 0:35.2 | This is the big one, so that's all coming up after the break. |
| 0:40.4 | All right, listener questions. |
| 0:42.1 | First up, we have Nick from Brooklyn. |
| 0:44.4 | Hello indicator team, longtime listener, first time questioner. |
| 0:48.2 | In the spring of this year, it was announced that T-Mobile was going to acquire mobile |
| 0:52.9 | virtual network operator or MBNO mint mobile. |
| 0:57.1 | And it got me thinking. |
| 0:58.2 | Since MBNOs technically resell cellular service |
| 1:01.2 | from the large cellular carriers. |
| 1:03.1 | How does an MV&O make a profit? |
| 1:05.4 | As Nick says, Mint Mobile uses the T-Mobile network |
| 1:08.4 | but operates independently as its own company. |
| 1:11.4 | This is what's commonly referred to as a mobile virtual network operator. Full |
| 1:16.2 | disclosure, Mint is also an NPR sponsor. So Mint provides cell service but doesn't actually |
... |
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