John legere t-mobile ceo

T-Mobile’s CEO John Legere decided to respond to the recent FTC complaint by blaming just about everyone else including the FTC, other carriers and the third party providers. Unfortunately for T-Mobile, their history with cramming suggests that they need to look into the mirror and fix this almost decade-old problem.

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According to some analysts, Sprint will be able to save up to $6.6 billion on a variety of costs if they are able to merge with T-Mobile. In order to achieve those savings, Sprint will also need to slash prices with deep discounts and most likely a decline in immediate revenue.

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One of Son’s biggest project has been his insistence that a merger with T-Mobile would allow Sprint to enter the home broadband market through fixed-LTE broadband space. Yet, this week, Sprint CEO Dan Hesse stated that offering a fixed LTE service is nowhere on Sprint’s horizon.

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Sprint & T-Mobile have agreed on the broad outlines of a merger valuing T-Mobile at around $32 billion, according to the Wall Street Journal. Under the deal, Sprint would pay around $40 a share for T-Mobile during the summer time. The deal would be roughly 50% cash and 50% stock. T-Mobile’s largest shareholder, Germany’s Deutsche Telekom AG, would retain a stake of 15% to 20% in the new company.

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Back in October of 2010, the ITU declared that LTE technology wasn’t technically “4G,” and that no major wireless carrier was technically deploying 4G networks. According to the ITU, only technology like LTE-Advanced, capable of speeds over 100 Mbps, could be considered 4G. Carriers ignored the declaration with T-Mobile arguing their HSPA+ build was the “largest 4G network,” and Sprint & Verizon also made “4G” part of marketing for their respective LTE networks (technically, LTE and Mobile WiMax).