All Mike Sievert articles – Page 4
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Public Affairs
T-Mobile US confirms loss of customer data in new breach
Sixth and largest data breach in four years affects nearly 55 million people. TMUS CEO Mike Sievert: “We failed. We’re sorry”. Sievert pledges multi-year investment and calls in experts from Mandiant and KPMG to “transform” TMUS approach to security. Hacker says TMUS security is “awful”. Questions remain for TMUS ...
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Premium
DT’s deal-maker Langheim studies his share options
The long journey to the top in the USA is not yet complete, but DT’s message is that patience is paying off and reiterates plans to take the number-one slot. European portfolio reshaping in pipeline, with Dutch “crown jewel” TMNL prepped for ownership rejig and carve-out of “kingmaker” tower ...
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Enterprise (B2B)
T-Mobile US and DT team up for transatlantic B2B services
NatCo and Group collaborate on developing services for global businesses. “Transatlantic synergies” boost TMUS enterprise plan. Sprint International assets left hanging amid B2B manoeuvres.
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Products & Services
TMUS hits the 5G FWA trail
5G Home Internet service available to 30 million homes at launch. NatCo aims for more than seven million FWA subscribers within five years.
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People
T-Mobile execs fill pockets after Sprint merger success
SEC filings show a bumper pay-day for new CEO Sievert and CFO Osvaldik. Predecessors Legere and Carter picked up sizable severance packages.
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Premium
Sievert, Ray gloat after C-Band auction
Execs claim AT&T and Verizon still playing 5G catch-up after “spending tens of billions of dollars they didn’t have”. NatCo’s Virtual Analyst Day emphasises much higher deployment costs facing rivals if aiming for “meaningful nationwide coverage” with newly-acquired 3.7GHz assets. Ray estimates TMUS’s cost per 5G GB could be ...
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Premium
Sievert envisages Sprint shutdown ramp-up in 2022
TMUS CEO says “isolated” closures of Sprint network already underway. Underlines post-merger integration progress in marketing and distribution. NatCo’s 3G shutdown reportedly pushed back until April 2022.
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Premium
C-Band auction rakes in record-breaking sum
Analyst estimates TMUS shelled out $11bn for highly prized 5G frequencies. NatCo raises $3bn from debt markets, suggesting financial strain of auction greater than expected. Winning bidders not named until completion of “assignment phase”.
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People
Ex-T-Mobile CFO Braxton Carter joins DTCP
Carter kept in the Deutsche Telekom family with Senior Advisory Council seat. DTCP gains exec’s TMT investment expertise and experience.
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Products & Services
TVision relaunch blurred by carriage disputes
New live-TV streaming service raises hackles of media partners over how channels are distributed. Sievert does not see TVision as a profit pool, or loss leader, but way to stimulate demand for 5G and fixed wireless broadband. TVision Home to shutter on 30 December 2020.
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Network & Infrastructure
TMUS in spectrum dispute with tetchy rivals
AT&T and Verizon Communications complain to FCC that TMUS has excessive amount of low- and mid-band spectrum. Sievert accuses ‘big two’ of dissembling. CBRS auction draws little interest from the NatCo.
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Strategy & Change
Elsewhere in T-Mobile US: indirect channel merged with Sprint's
Mexican stand-off and friction with Metro by T-Mobile channel partners.
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Network & Infrastructure
T-Mobile US ups 5G pace with tower deal
Deal agreed after exchange of words over pace of 5G network buildout. Agreement worth $17bn over 15 years.
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Strategy & Change
Q2 FY20: Un-Carrier quickly finds stride after H1’s bumps
New CEO and CFO team remain bullish on business growth opportunities, despite challenges of Sprint integration, COVID-19, and change of leadership. TMUS moots a period of commercial aggression against rivals in H2, working off economic downturn and 5G differentiation. B2B expansion also back (yet again) on agenda. Reported surpassing ...
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Products & Services
TVision Home flickers into life; bundling bigger picture
TVision Home switched on in eight cities, with mobile app in pipeline. Preparations underway for FWA assault on home broadband market. NatCo’s ultimate aim is to become fully converged player in “5G era”. TMUS aspirations highly dependent on Sprint merger, however.
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Premium
TMUS digs deep into virtualised packet core with Cisco
TMUS hands Cisco task of taking virtualised packet core into 5G era.
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