All Sprint (USA) articles – Page 3
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Premium
DT trades Dutch NatCo for a scoop of US, plus sprinkles
Former DT CEO Obermann steps in with buyout of T-Mobile Netherlands through Apax–Warburg Pincus consortium. Deal is culmination of turnaround effort launched in 2016 when last attempt to sell NatCo fell through. Exit opens the lid on a box of intriguing strategic options for DT. DT directs some of ...
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People
Sievert ranked highest paid US telco CEO
T-Mobile US CEO overtakes previous US telecoms front-runner Mike Fries. Sprint takeover turbo charges DT executive compensation in FY20.
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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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Strategy & Change
From Bonn to Bellevue: DT CEO Höttges visits TMUS HQ
In a break from virtual meetings, TMUS CEO Mike Sievert hosts Höttges. Much to discuss between parent and NatCo, but talks were said to focus on innovation and serving consumers and businesses. No signs yet of TMUS and DT collaboration on trans-Atlantic B2B. Are Sprint International assets part of ...
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Strategy & Change
Elsewhere in T-Mobile US: Ericsson’s AI integration success
T-Mobile completes mop up of Shentel assets; Ericsson flags AI-driven integration success.
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People
Deutsche Telekom movers: brand leadership overhaul at T-Mobile
American NatCo’s Chief Marketing Officer Matt Staneff exits, paving the way for evolved brand and communications strategy. Group compliance lead Mackert reportedly exiting. Czech NatCo confirms leadership for newly-unified Enterprise division.
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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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Strategy & Change
Deutsche Telekom: Capital Markets Day
Capital Markets Day presentations show Group continuing to flourish thanks to big, correct calls over last decade. Group seeks to boost T-Share perceptions and better align itself with T-Mobile US’ rising valuation. Leadership puts money where its mouth is with bulk share buyup following ambitious mid-term strategy update. Höttges ...
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DT looks forward to big payday from US “racehorse”
Praise and pragmatism for American powerhouse at Capital Markets Day. No clues on timing for securing NatCo majority, but Group not in a hurry. New twist in relationship as NatCo and Group collaborate on B2B services. “Trans-Atlantic synergies” boost TMUS enterprise plan. Sprint International assets left hanging amid B2B ...
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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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Deutsche Telekom people moves: Stenzel leaves DTCP
DTCP MD, Advisory Till Stenzel makes tracks, while ex-BT CTIO Karonis is added to Advisory Council. Magenta Telekom’s Schauerhuber leaves after lengthy tenure. Cesar Martinez takes the helm at T-Sys North America. New blood at T-Mobile: Youngblood named Chief Security Officer.
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Strategy & Change
Elsewhere in T-Mobile US: 3G sunset backlash
MVNO decries 3G shutter plans; prospective merger partner makes cuts to workforce.
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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
Headline data: COVID covered
COVID-19 impacts figures but massively outweighed by Sprint deal and tempered in Europe by NatCo resilience. Group juggernaut rolls on as all key forecasts comfortably surpassed. Höttges goes NSFW to stress DT’s outsized strength versus atrophying European rivals.
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FY20: Deutsche Telekom taxis for cash flow take-off
DT expects post-Sprint upwelling of cash flow to begin during current fiscal year, laying basis for next phase of investments. Europe now conquered, says Group CEO as he sets sights on American leadership too. Group’s top line passes €100m with further growth expected in FY21.
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Strategy & Change
Q4 FY20: TMUS highlights DT’s ‘positive headache’
Group leadership relaxed on quandary of when to push button on re-acquisition of majority control in powerhouse NatCo. TMUS on track with Sprint integration, emphasising huge cash flow potential DT could tap into for expansion across Group.
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People
T-Mobile CIO Cody Sanford exits amid IT–digital reshuffle
Cody Sanford, Chief Information Officer and Chief Product Officer at T-Mobile US, is set to leave to pursue “external opportunities”. Chief Operating Officer Brian King steps into CIO vacancy. Wider reshuffle flagged to support new digital strategy.
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M&A
T-Mobile US casts off from Sprint remnant Tidal
New majority owners for Jay-Z-founded music business after artist reportedly buys back T-Mobile’s stake.
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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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M&A
DT said to be upping ante on Dutch sale talks
Possible sale of T-Mobile Netherlands could square with long-rumoured plan to buy KPN in order to bolster the Group’s convergence strategy.