T-Mobile US CFO Braxton Carter said he does not think that rival Sprint needs to fail in order for his company to succeed in the market, arguing that they are both training their sights on market leaders Verizon Wireless and AT&T Mobility.
T-Mobile US is almost done transitioning customers on its legacy plans to its more recent no-contract Simple Choice plans, and argues that customers who are being moved to the new plans are getting more benefits for basically the same price.
T-Mobile US eventually intends to deploy spectrum for LTE service in configurations that are larger than 20x20 MHz, according to CFO Braxton Carter. However, he did not provide a specific timeline for that effort.
A top T-Mobile US executive said that the carrier plans to make more "uncarrier" announcements throughout this year and next year in an effort to shake up the industry and maintain its momentum in the market. T-Mobile CFO Braxton Carter also said the operator sees low-band spectrum as "very important" to its future, and is very interested in the FCC's upcoming 600 MHz incentive auction of TV broadcaster spectrum.
T-Mobile US acquired the most new subscribers among Tier 1 carriers during the first quarter, partly on the back of the carrier's offer to pay up to $650 in Early Termination Fees to customers who switched to T-Mobile. But the offering clearly cut into T-Mobile's bottom line--the carrier said in a filing that its ETF offer cost it around $100 million in the first quarter.
T-Mobile US CEO John Legere has been unabashed and aggressive in getting the carrier back to growth, delivering 3.7 million net new subscribers from the second through fourth quarters of 2013. He also was paid to the tune of $29.2 million in 2013, making him the second highest paid wireless executive in 2013 after Sprint CEO Dan Hesse.
T-Mobile US' decision to raise pricing by $10 per month on its unlimited smartphone data plans was needed to monetize increasing data traffic and get back a return on improving its network, according to T-Mobile CFO Braxton Carter.
T-Mobile US CTO Neville Ray pushed back hard against a recent report from network testing firm RootMetrics that placed T-Mobile last in overall network performance and reliability and third in speed.
Sprint CTO Stephen Bye wants to know what you would do with a 2.6 Gbps mobile broadband network. I want to know when Sprint is going to build it.
T-Mobile US rolled to another strong quarter of subscriber growth in the third quarter, making good on executives' promises that the carrier would continue the momentum generated by its new no-contract plans, handset upgrade program and aggressive new style.