Ex‑T‑Mobile CFO Braxton Carter joins DTCP

Deutsche Telekom Capital Partners (DTCP) announced yet another addition to its Senior Advisory Council, tasked with steering its venturing activity.

It has appointed former T‑Mobile US Chief Financial Officer Braxton Carter, who left the operator and his famed magenta cowboy hat behind in July.

Carter spent 19 years at the Un‑Carrier, if including his spell at 2013 acquisition MetroPCS (now fully subsumed as Metro by T‑Mobile). Though he officially retired in July, he remains a strategic advisor at the NatCo until “at least” the end of the year, to support the transition process to his successor Peter Osvaldik (Deutsche Telekomwatch, #89).

The day after his official retirement, Carter was appointed to the Board of Directors at Assurant, a T‑Mobile insurance services partner (Deutsche Telekomwatch, #97).

He was a hugely influential figure in the turnaround of T‑Mobile, with Chief Executive Mike Sievert earlier this year flagging his “tireless advocacy” in growing the operator. “We will miss him”, he added. It is unsurprising, then, that Deutsche Telekom has moved to keep him in its ecosystem before he has fully left it.

Carter reportedly makes investments in the technology, media, and telecoms sector via his eponymous venturing vehicle Carter Companies, and is a member of the Board at Stockholm‑based private equity firm EQT Group, which oversees 16 funds and €46bn (£41.5bn) in assets.

As a sidenote, Carter’s appointment comes with T‑Mobile itself making a play in the corporate venture capital space, with the launch of a new, 5G-focused T‑Mobile Ventures arm — although neither it nor DTCP have detailed any plans to collaborate.