In September 2012, Legere was appointed CEO of T-Mobile USA, and he has since been praised for T-Mobile’s “Un-carrier” approach to contract-free wireless networks.
From April 1994 to November 1997, he was the CEO of AT&T Asia, as well as the head of AT&T Global Strategy and Business Development.
T-Mobile has made an enormous investment in wireless spectrum in a very expensive bid to put its LTE network on par with Verizon’s and AT&T’s.
It is the company’s largest market, with 72.6 million mobile users at the end of 2017. Since its inception in 2013, the brand’s “Uncarrier” campaign has been a huge hit.
It enables clients to sign up for T-Mobile without the two-year service contract that most providers need.
Last year, Uncarrier Next was established, with all taxes and fees included in a recurring monthly price.
T Mobile CEO: John Legere
Legere is anticipated to lead the combined business, which would retain the T-Mobile brand with headquarters in Bellevue, Washington, and Overland Park, Kansas.
The merger of the third and fourth largest US telecom providers is expected to be closely scrutinized by antitrust regulators.
The Trump administration has been outspoken in its opposition to AT&T’s proposed mega-acquisition of Time Warner.
The agreement is the result of four years of on-again, off-again talks between T-Mobile and Sprint; this is the third time the two companies have attempted to merge.
With a combined 127 million users, the two companies are likely to compete directly with Verizon, the largest carrier in the United States, and AT&T.
T-Mobile will exchange 9.75 Sprint shares for each unit of T-Mobile.
SoftBank, which owns 85% of Sprint, would own 27% of the combined firm, while Deutsche Telekom would possess 42%.
The remaining 31% would be held by the general public.
Sprint and T-Mobile considered a merger in November, but negotiations fell down because of disagreements about who would run the new firm.
According to a Wall Street Journal story, SoftBank’s founder, Masayoshi Son, may have been more inclined to relinquish control as pressure mounts on Sprint to deploy 5G technology.
T-Mobile Social Media
Investors and others should note that T-Mobile announces material financial and operational information to investors using their investor relations website, press releases, SEC filings, and public conference calls and webcasts.
The company also intends to use its Twitter handle (https://twitter.com/TMobileIR), Facebook, and Periscope accounts.
Mr. Legere plans to also use these social media channels as a means for personal communications and observations, disclosing information about the Company and its services, and complying with its disclosure obligations under Regulation FD.
T-Mobile offers Strong Network and Distribution Expansion
T-Mobile’s network remains speedier and more technologically advanced than its competitors. This trend seems to only continue as the company deploys a new spectrum, densifies its network, and lays the groundwork for 5G.
For the past 16 quarters, T-Mobile has been the fastest network in America in both download and upload speeds.
The company is capitalizing on our speed advantage while expanding its coverage with faster 600 MHz build-outs.
T-Mobile’s network has received praise not only from users but also from OpenSignal, a global standard for gauging consumers’ real-world mobile network experiences.
Strong Network and Distribution Expansion
- T-Mobile had 322 million people covered with 4G LTE at the end of last year, with a goal of reaching 325 million people across 2.5 million square miles by the end of 2024.
- 16 consecutive quarters with the fastest network; first U.S. provider to surpass 30 Mbps average download speed
- The aggressive deployment activity of 600 MHz in 2017 is expected to accelerate in 2024.
- More than 2,800 new stores opened last year, including nearly 1,500 new T-Mobile and over 1,300 net new MetroPCS.
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