T-Mobile U.S. CFO Updates On Sprint Merger

December 12, 2018

Combined Spint, T-Mobile US would make “a force to be reckoned with” on enterprise services

 

T-Mobile US Executive Vice President and Chief Financial Officer Braxton Carter, speaking during the Bank of America Merrill Lynch Leveraged Finance Conference in Boca Raton, Florida, said a combined Sprint and T-Mobile US, dubbed the New T-Mobile, would have an eight-fold increase in capacity and 15-fold increase in speeds. 

 

The proposed merger  is currently under review by U.S. regulators, and Carter, who appeared wearing a co-branded shirt, said the two sides have worked hard to “non-politicize” the process. He said the new company could offer a “truly differentiated 5G experience here in the U.S. and really [put]the U.S. at the forefront of the innovation and all the value creation that comes out of it.”

 

In terms of serving public interest in creating a more competitive carrier market, Carter said, “”Basic economics is if you have that increase in capacity, you are economically [incentivized]to fill that capacity. We have massive fixed costs and leveraging those fixed costs to expand margins and have an appropriate return on the $40 billion we’re going to put into the network in the next three  years is a huge basic, economic reality and thrust that supports this will be highly competitive to the U.S. Plus you have our DNA. Look what we’ve done in the last six years.

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