Yesterday Billboard reported that T-Mobile is paying $600 million to purchase Vistar Media. T-Mobile set up an advertising business call T Advertising Solutions or T-Ads in 2021 following the $32 million purchase of the mobile advertising tool provider Pushspring. In January 2022 T-Mobile acquired Octopus Interactive a rideshare ad platform. T-Ads is run by Jean-Paul Colaco. Here’s what T-Mobile said on social media about the Vistar purchase.
Billboard Insider’s Take: Looks to Billboard Insider like T-Mobile just bought a server to power the digital screens at T-Mobile’s 2,000 retail locations but more importantly, to power the ad platform which T-mobile is marketing to advertisers. We remain skeptical that an advertising business owned by a mobile phone company will thrive. In the words of Mother Goose, “One thing at a time, and that done well, is a very fine thing, as many can tell.” What do you think of T-Mobile’s purchase of Vistar? Email davewestburg@billboardinsider.com and we’ll run a followup post
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