Telecom & Wireless

T-Mobile And Microsoft (NASDAQ:MSFT) Offer $100 Gift Card For Lost Data

Microsoft (NASDAQ:MSFT) and T-Mobile (NYSE:DT), who have managed to lose the personal data of thousands and thousands of customers who have the carrier’s SideKick product because of failures of Microsoft server software, are offering the people who lost their information a $100 gift card. That seems to be little better than adding insult to injury.

The lost information could include contacts, calendar entries, photos, notes, and saved e-mails. Microsoft and T-Mobile are now saying that they might be able to get make some of the data, maybe. In a statement, the companies said, “Regarding those of you who have lost personal content, T-Mobile and Microsoft/Danger continue to do all we can to recover and return any lost information”

The note to subscribers also made the $100 certificate offer and said that the money would be in addition to the free month of data service that has already been given to the customers. The card can be used to buy more T-Mobile products and services, to pay T-Mobile bills.

The $100 is unlikely to put down the furor over the lost data. Some of the T-Mobile customers probably have stored months if not years of information on their SideKicks and the Microsoft servers that hold and store information from the handsets.

Most industry experts believe that T-Mobile only has about 12% of the US cellular market, putting it far behind AT&T (NYSE:T), Sprint (NYSE:S), and Verizon Wireless, a joint venture between Verizon (NYSE:VZ) and Vodafone (NYSE:VOD). T-Mobile has had some success selling phones based on the Google (NASDAQ:GOOG) Android operating system, but the SideKick problem will certainly be a big set-back for its reputation.

Microsoft may be able to afford the debacle, but T-Mobile’s place in the US market, already tenuous, will be undermined by the problem and it may never entirely recover.

Douglas A. McIntyre

Is Your Money Earning the Best Possible Rate? (Sponsor)

Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.

However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.

There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.