Source: Mobile World Live
Braxton Carter, T-Mobile US’ CFO, believes there is “a huge prize” on offer in merging with rival Sprint, and revealed broader ambitions about a potential four way coalition with cable rivals Comcast and Charter.
Carter, speaking at a conference in New York, said it was no longer a question of if talks with Sprint will commence as he spoke of the potential advantages and synergies of combining the two players, which he believes would only add to T-Mobile US’ recent growth.
He said the two companies could do “amazing things”, particularly around 5G, by combining Sprint’s “treasure trove” of 2.5GHz spectrum with T-Mobile US’ dense network.
“Of course the talks (with Sprint) are going to happen,” he said, adding: “The benefits of having that scale has been widely reported in the press. We’ve talked about the benefits of organic scale, and that’s changed the financial trajectory of our company. But, by truly creating a third scaled national competitor, you can achieve the margins, and leverage the costs that both AT&T and Verizon benefit from.
Indeed, Bloomberg recently reported informal talks between executives from Sprint, its parent SoftBank, and T-Mobile owner Deutsche Telekom are already underway.