Legere leaves Sprint deal with T-Mobile open for discussion

After his spectacle of a CES keynote, T-Mobile CEO John Legere told reporters backstage that he is open to growth opportunities be it alone or with a major partner.

“We’re strong. Our brand is strong. We’re growing tremendously,” Legere said to The Verge. “And yes, we will consider continued strong individual growth as a company or various forms of consolidation around our brand and platform of growth.”

The head of the Un-carrier knows that it’s been successful in shaking up the wireless industry and gaining a subscriber base (the company reported 2.1 million net customer additions in the fourth quarter with 933,000 postpaid wins) and that suitors for a merger or acquisition would have to take on the T-Mobile banner and its policies.

Legere did pin 2017 to be a “year of craziness” with regulation-lax Donald Trump taking the presidential throne. The President-Elect, though, has staked a position against AT&T’s acquisition of Time Warner.

There was much attention paid to the possibility of Sprint acquiring T-Mobile through a $50 billion initiative from parent company SoftBank, which tried to hitch the two telcos together in 2013. Legere addressed that attention by referring back to industry watchers:

Sprint themselves is like an exploding plan. They’re making progress but they pretty clearly have a ways to go. So in the future structure of the industry, there are a number of people who think, well, it may make sense from a scale standpoint to consider the coming together of T-Mobile and Sprint.

The key words from here on out? “Wait” and “see”.

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About The Author
Jules Wang
Jules Wang is News Editor for Pocketnow and one of the hosts of the Pocketnow Weekly Podcast. He came onto the team in 2014 as an intern editing and producing videos and the podcast while he was studying journalism at Emerson College. He graduated the year after and entered into his current position at Pocketnow, full-time.