Tyco is buying Broadview (Brinks)

This is actually good news. We already know how Tyco runs their security biz...

Jim Rojas

Ding Dong the wicked Brinks is dead!

Jim Rojas

It looks like the Broadview rebranding wasn't going very well... Brinks/Broadview will probably quietly disappear sometime in the near future... I may shed a tear, NOT!!! :-))

Their business plan was sound. But due to certain economic factors, and their attrition rate which was nearing 20 percent, they were just another victim of bad timing.

Instead of being like rats abandoning a sinking ship, they decided to get what they can while they still can get it. Since Tyco has endless deep pockets, and could really care less about customer retention, it just made sense to sell to your largest competitor.

Once I heard that Broadview Networks was going after businesses, it was just a matter of the economy to tip the scales towards collapse.

Jim Rojas

With 7 billion in revenue last year apparently very well

I never realized Brinks had over 4 million accounts

Way too early to tell how the rebranding was going, heck they haven't yet changed the logo on their headquarters

They didn't have a 20 percent attrition rate and why would going after businesses cause any collapse, thats prime territory and how ADT makes profit

Yeh, we'll all shit a tear.

Hi Jim,

I don't agree, I think their business plan was awful. Giving people something for next to nothing is never a good way to do business. Lets face it, most of the freebie companies have around a 30% attrition rate, but it doesn't matter as long as they keep putting new customers online. They just play the finance game and hide the loss. The housing bust put an end to most of that garbage. I hear a large group of the ADT dealers in town got wiped out by charge backs...

If it's such a great way to do business, I wonder why I don't see more of the large regional companies giving all sorts of free crap away. You know the companies that have to pay their bills on their own, they don't have some large corporate office on Wall Street that can help out when things are tough. Everyone thought Enron and MCI World Comm were huge money makers, but the truth finally came out about those dog crap companies. I think sooner or later our large FREE PITA counterparts will paint themselves into a financial corner as well. Who knows, I may actually shed a tear for them................

Regards, Russ

They didn't have a 20 percent attrition rate and why would going after businesses cause any collapse, thats prime territory and how ADT makes profit

Because almost 50% of small to mid-sized businesses fold within 1 to 3 years after starting.... ADT doesn't install free alarm in commercial buildings, only their bozo dealers do that... Come to think of it, I don't think anyone with a brain installs free systems in commercial............

Way too early to tell how the rebranding was going, heck they haven't yet changed the logo on their headquarters

Yeah, I heard that too... I guess they just couldn't let go of that Brinks logo to easy, after all, who the hell is Broadview... Kinda sounds like a chain of sandwich shops..........

On second thought... More like a Coffee shop..........

..

A huge deal like this doesn't happen overnight, my bet is negotiations were happening even before Brinks let em go

It's expensive to replace those big signs, somewhere over 50 grand

I heard they were waiting on that settlement cheque Rojas wrote...

RHC: Wrong again Mark !

Making wrong assumptions is getting to be quite a habit with you these days......

RHC: Wrong again Mark !

Making wrong assumptions is getting to be quite a habit with you these days......