All Sprint (USA) articles – Page 4
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Strategy & Change
Elsewhere in T-Mobile US: 3G sunset backlash
MVNO decries 3G shutter plans; prospective merger partner makes cuts to workforce.
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People
T-Mobile execs fill pockets after Sprint merger success
SEC filings show a bumper pay-day for new CEO Sievert and CFO Osvaldik. Predecessors Legere and Carter picked up sizable severance packages.
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Premium
Headline data: COVID covered
COVID-19 impacts figures but massively outweighed by Sprint deal and tempered in Europe by NatCo resilience. Group juggernaut rolls on as all key forecasts comfortably surpassed. Höttges goes NSFW to stress DT’s outsized strength versus atrophying European rivals.
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Premium
FY20: Deutsche Telekom taxis for cash flow take-off
DT expects post-Sprint upwelling of cash flow to begin during current fiscal year, laying basis for next phase of investments. Europe now conquered, says Group CEO as he sets sights on American leadership too. Group’s top line passes €100m with further growth expected in FY21.
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Strategy & Change
Q4 FY20: TMUS highlights DT’s ‘positive headache’
Group leadership relaxed on quandary of when to push button on re-acquisition of majority control in powerhouse NatCo. TMUS on track with Sprint integration, emphasising huge cash flow potential DT could tap into for expansion across Group.
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People
T-Mobile CIO Cody Sanford exits amid IT–digital reshuffle
Cody Sanford, Chief Information Officer and Chief Product Officer at T-Mobile US, is set to leave to pursue “external opportunities”. Chief Operating Officer Brian King steps into CIO vacancy. Wider reshuffle flagged to support new digital strategy.
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M&A
T-Mobile US casts off from Sprint remnant Tidal
New majority owners for Jay-Z-founded music business after artist reportedly buys back T-Mobile’s stake.
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Premium
Sievert envisages Sprint shutdown ramp-up in 2022
TMUS CEO says “isolated” closures of Sprint network already underway. Underlines post-merger integration progress in marketing and distribution. NatCo’s 3G shutdown reportedly pushed back until April 2022.
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M&A
DT said to be upping ante on Dutch sale talks
Possible sale of T-Mobile Netherlands could square with long-rumoured plan to buy KPN in order to bolster the Group’s convergence strategy.
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M&A
T-Mobile ties up another Sprint loose end with Swiftel buy
US NatCo buys Sprint-branded wireless assets operated by Swiftel Communications, leaving Shentel as the last remaining Sprint affiliate.
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Partnerships & Alliances
T-Mobile MONEY partner banks contract extension
White label banking provider BankMobile flags the success of its T-Mobile partnership as a contract extension is signed and Sprint customers added. Vendor aims to add another “large” partner due in 2021.
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Premium
Headline data: bulked-up DT busting out of old suit
Double-figure and triple-figure milestones nearing for expanded Group on sales and earnings. TMUS the star, again, but DT’s network of European telcos holding firm during highly problematic FY. Top management unclear on picture at T-Sys as orders slump.
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Premium
Guidance: beefed-up DT puts on a show
Up-sized Group uprates earnings again. America providing the main grunt, but Europe also chipping in. Stakeholders still queasy around cash generation, despite Group’s rude health at EBITDA level.
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Strategy & Change
Elsewhere in T-Mobile US: 6G gets nod
T-Mobile US joins 6G alliance with industry bigwigs, and foots a Sprint bill for Lifeline abuse.
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Products & Services
TVision relaunch blurred by carriage disputes
New live-TV streaming service raises hackles of media partners over how channels are distributed. Sievert does not see TVision as a profit pool, or loss leader, but way to stimulate demand for 5G and fixed wireless broadband. TVision Home to shutter on 30 December 2020.
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Marketing
New T-Mobile US unit to take Un-Carrier model into ads
2019 Pushspring buyout morphs into launch of T-Mobile Marketing Solutions business, with talk of “disruption” and focus on industry “pain points”.
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Strategy & Change
Elsewhere in T-Mobile US: Vivint smart home available
5G-focused TMUS gives 6G proponents a brush-off. Smart-home experiment flagged in California.
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Network & Infrastructure
TMUS in spectrum dispute with tetchy rivals
AT&T and Verizon Communications complain to FCC that TMUS has excessive amount of low- and mid-band spectrum. Sievert accuses ‘big two’ of dissembling. CBRS auction draws little interest from the NatCo.
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Strategy & Change
Elsewhere in T-Mobile US: indirect channel merged with Sprint's
Mexican stand-off and friction with Metro by T-Mobile channel partners.
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Network & Infrastructure
T-Mobile US ups 5G pace with tower deal
Deal agreed after exchange of words over pace of 5G network buildout. Agreement worth $17bn over 15 years.