T Mobile Net-worth

Career. Legere was appointed CEO of T-Mobile USA in September 2012, and has since been noted for T-Mobile’s “Un-carrier” approach to contract-free wireless networks. … He served as chief executive for AT&T Asia from April 1994 to November 1997, and also spent time as 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 its largest territory with 72.6 million mobile customers at the end of 2017. The brand’s “Uncarrier” campaign has been a great success since it was introduced in 2013.

It allows customers to sign up for T-Mobile without the two-year service contract required by most providers.

Uncarrier Next was introduced last year where all taxes and fees are included in a recurring monthly charge.

T Mobile CEO – John Legere

Legere is expected to be the CEO of the combined entity, which would keep the T-Mobile name and have headquarters in Bellevue, Washington, and Overland Park, Kansas.

The deal, which would combine the third- and fourth-largest US wireless carriers, is expected to come under serious scrutiny from antitrust regulators, as the Trump administration has fervently opposed AT&T’s proposed mega-acquisition of Time Warner.

The agreement marks the culmination of four years of on-again, off-again discussions between T-Mobile and Sprint; this is the third time the two rivals have tried to merge.

With a combined 127 million customers, the two firms are expected to compete directly with Verizon, the US’s largest carrier, and AT&T.

“This isn’t a case of going from four to three wireless companies — there are now at least seven or eight big competitors in this converging market,” Legere said on Sunday.

The agreement involves T-Mobile exchanging 9.75 Sprint shares per unit of T-Mobile.

Deutsche Telekom would own 42% of the combined company, while SoftBank, which controls 85% of Sprint, would own 27%. The public would hold the remaining 31%.

Sprint and T-Mobile discussed a deal in November, but talks broke down amid disagreement over who would control the new company.

A Wall Street Journal report suggests that SoftBank’s founder, Masayoshi Son, may have since become more willing to give up control amid mounting pressure on Sprint to roll out 5G technology.

“This combination will create a fierce competitor with the network scale to deliver more for consumers and businesses in the form of lower prices, more innovation, and a second-to-none network experience — and do it all so much faster than either company could on its own,” Legere said in an official statement.

Sprint’s CEO, Marcelo Claure, added: “We intend to bring this same competitive disruption as we look to build the world’s best 5G network that will make the US a hotbed for innovation and will redefine the way consumers live and work across the US, including in rural America.”

T-Mobile Social Media

Investors and others should note that we announce material financial and operational information to our investors using our investor relations website, press releases, SEC filings and public conference calls and webcasts.

We also intend to use the @TMobileIR Twitter account (https://twitter.com/TMobileIR) and the @JohnLegere Twitter (https://twitter.com/JohnLegere), Facebook and Periscope accounts, which Mr. Legere also uses as a means for personal communications and observations, as means of disclosing information about the Company and its services and for complying with its disclosure obligations under Regulation FD.

T-Mobile offers Strong Network and Distribution Expansion

T-Mobile’s network continues to be faster and more technologically advanced than our competition, and that trend will only continue as we clear and deploy new spectrum, densify our network, and lay the groundwork for 5G.

We have been the fastest network in America in both download and upload speeds for the past 16 quarters and this quarter, we were the first U.S. carrier to exceed 30 Mbps average download speed with 31.6 Mbps.

We will build on our speed advantage while extending our coverage even further through the accelerated 600 MHz build outs.

T-Mobile’s network is not only earning accolades from customers but also from OpenSignal, the global standard for measuring consumers’ real-world mobile network experiences.

In the most recent report, OpenSignal named T-Mobile as the winner in five categories, including mobile data speed and LTE signal availability.

We continue to make investments to expand and improve our network and distribution footprint including:

  • Expanding our 4G LTE coverage breadth to 322 million people by the end of 2017. By the end of 2018, we are targeting population coverage of 325 million and geographic coverage of 2.5 million square miles.
  • Deploying 600 MHz spectra. By year-end 2017, we had already lit up 600 MHz spectra in 586 cities and towns in 28 states across the country, covering 300,000 square miles.

Two 600 MHz compatible devices were available for the 2017 holiday season, and we expect more than a dozen compatible smartphones to be rolled out in 2018.

  • Using our 600 MHz spectrum holdings to deploy America’s first nationwide 5G network expected by 2020.

Strong Network and Distribution Expansion

  • T-Mobile covered 322 million people with 4G LTE at the end of 2017 – targeting 325 million people across 2.5 million square miles by the end of 2018
  • 16 quarters in a row with the fastest network; first U.S. carrier to exceed 30 Mbps average download speed
  • Aggressive deployment activity of 600 MHz in 2017, accelerated pace anticipated for 2018
  • 2,800 new stores opened in 2017, including nearly 1,500 new T-Mobile and over 1,300 net new MetroPCS

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