There are no active ads.

Advertisement

T-Mobile Parent Company Still Wants to Sell the UnCarrier

by Jacob Kleinman | January 19, 2015January 19, 2015 7:30 am PDT

T-Mobile Jump Announcement July 2013 - 07

Sprint’s plan to buy T-Mobile fell flat in 2014, but that doesn’t mean a potential deal is off the table entirely. Speaking to Re/codeDeutsche Telekom CEO Tim Hoettges said he’s still interested in selling off the UnCarrier in an effort to create a new powerhouse that could take on Verizon and AT&T.

“I was intrigued by the idea of having a combination with Sprint and being the ‘super-maverick’ in the market,” he said, adding that it also makes financial sense to sell off the U.S. carrier. T-Mobile reportedly requires $4 billion to $5 billion in yearly investments to keep up with the competition.

Hoettges also took the opportunity to talk about John Legere, T-Mobile’s outspoken CEO. “I like people being disruptive,” he said. “I like people who are brave. He is very much fitting to our DNA, how we want to be, even if he is very American in his approach.”

For now, Legere’s strategy seems to be working. T-Mobile is growing thanks to a series of bold UnCarrier moves, but it may not be enough to compete with AT&T and Verizon in the long run. At the end of the day the possibility of a merger may depend on U.S. regulators changing their tune, but Hoettges says he’s still holding out hope conditions could improve down the line.

Re/code

Jacob Kleinman

Jacob Kleinman has been working as a journalist online and in print since he arrived at Wesleyan University in 2007. After graduating, he took a...

Advertisement

Advertisement

Advertisement