One of the nation's most badass executives will not be going anywhere even if his company goes through a merger. I'm talking about John Legere, T-Mobile's very vocal CEO. If T-Mobile and Sprint successfully merge after agreeing to a deal, Legere will remain at the helm of the conglomerate. We have already heard Sprint CEO Dan Hesse would have no problem stepping back and allowing someone else lead. Bloomberg is reporting that negotiations are ongoing and Legere is at the forefront of the future.
If there is anything the mobile industry needed from carriers, it is a firecracker and that is certainly what T-Mobile has in John Legere. His Un-carrier movement has forced other carries like Verizon, AT&T, and Sprint to rethink strategies. In fact, T-Mobile is even paying early termination fees (ETFs) for consumers to jump ship from rivals. With Legere leading the nation's third and fourth place carriers, there would likely be some more force coming at Verizon and AT&T.
Source: Bloomberg
Mr. Trashmouth would be the first one I’d dump if I were board chairman.
But how does removing a competitor from an oligopolic market structure make any sense? Any time that’s done the only thing that happens is higher prices and less services to the consumer.
Because what we have now is a duopoly. There are 2 major carriers – VZW and ATT. This would put a third major carrier into play – one with GSM assets as well as LTE. This would strengthen the offerings for post-pay customers and contract free plans and be the current duopoly’s worst nightmare. This will be fun to watch…
I agree. Having a third competitor the same size as the big 2 is the only way to compete. Neither Sprint or T-Mobile is big enough on their own. T-Mobile has been making huge strides in major cities but they lack the infrastructure to compete nationally. Sprint has a lot of unused spectrum and they have national infrastructure just a lack of vision really. Add T-Mobile’s vision with Sprint’s Towers and spectrum backed by Softbank’s money.