T-Mobile CFO talks President-elect Trump, reversal of net neutrality

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Today T-Mobile CFO Braxton Carter spoke at the UBS Global Media & Communications Conference in New York City, and he touched a bit on President-elect Donald Trump and what his election could mean for the mobile industry.

Carter expects that a Trump presidency will foster an environment that’ll be more positive for wireless. “It’s hard to imagine, with the way the election turned out, that we’re not going to have an environment, from several aspects, that is not going to be more positive for my industry,” the CFO said.

He went on to explain that there will likely be less regulation, something that he feels “destroys innovation and value creation.”

Speaking of innovation, Carter also feels that a reversal of net neutrality and the FCC’s Open Internet rules would be good for innovation in the industry, saying that it “would provide opportunity for significant innovation and differentiation” and that it’d enable you to “do some very interesting things.”

The T-Mobile CFO touched on consolidation, too. T-Mobile is regularly named as an acquisition target, and with the incoming Trump administration, some have suggested that a T-Mobile merger is more likely than it has been in years past. “It’s hard to imagine that there’s not going to be more openness to consolidation,” Carter said on the matter. “Given the changes that are coming, I really do think you’re going to see a lot of evolution and a lot of excitement.”

Finally, Carter talked a bit about T-Mobile and MetroPCS, saying that they built 400 and 1,000 more stores for the respective brands in 2016. Look for more stores to pop up in 2017, Carter teased, with 1,000 new T-Mobile stores and 1,500 more MetroPCS stores planned.

Thanks, Hussain!

Source: FierceWireless

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  • Willie D

    As a T-Mobile customer, I’m not surprised that T-Mobile would want to get rid of Net Neutrality – however, they have been doing pretty good with limitations on their end as to what they’re allowed to get away with. That said, seeing how AT&T and Verizon both collude to dominate, yet not innovate, unless its strictly and solely into their own favor, not for the sake of customers, and competition, you’d find me petitioning the hell out of the FCC to keep Net Neutrality rules in place, and even knocking T-Mobile down a peg or two back to #4 if they get too big for their britches. Frankly put, I’d rather NOT have cell service, than have a company that is vocal that they want mergers and less consumer friendly policies in place over actual innovating to be competitive. One takes work, and one doesn’t. I work for my paycheck, and so should this company.

    • Jonathan

      He really did politely acknowledge every argument for being against consumers and strictly for “the industry”.

      -less regulation
      -remove net neutrality
      -less competition

      This guy is the perfect example of a person who should NOT be allowed to make decisions in wireless. Innovation comes from building newer, better tech, not from finding new ways to make more money off of old business models. You don’t just sit down and take it waiting to get bought out by a bigger company so you can retire off those merger and acquisition checks while the customers that funded any of the change to happen get screwed at every step of the process.

  • Kevin R

    Hopefully T-Mobile can merge and get more towers up in roaming areas

    • Fabian

      Yeah. and if all the carriers merge we will have the best coverage possible. Right?

      • Jared

        haha l see what you did there! We will have great coverage but our bills will be so expensive. I agree.

  • AtmosContagion

    More positive and friendly for the service providers, but far less friendly for consumers; no thanks T-Mobile!

    Openness and less regulation only works when consumers aren’t at the mercy of a couple of mega corporations controlling everything.

    Also, we already have a paid prioritization network; it’s called cable TV! Why would we want the same thing from our internet connection?

  • V2THE1

    I find this article frightening! There is nothing I heard coming from that guys mouth that I agree with. Kill net neutrality? That’s a terrible idea! He’s talking about destroying all of the things that are in place to protect us the customers. Carter is talking for the elite and big business not the little guy in this article. Seriously not good.

    • Jared

      The powerful and wealthy win again! Once the America understands this isnt left vs right and be divided but its us the working class against the wealthy and powerful. We will overcome being treated like this once we the middle class say enough! Dont blame the left or right. Blame Corporations for not paying taxes, livable wages, healthcare, benefits, 401k retirement. Its not the illegals taking our jobs its the corporation greed (and technology) to send our jobs over seas so they can maximize their profits. Follow the money!

      Invest money now people there’s gonna be a lot to be made in wall street. Sickening.

  • Richard Roma

    It’s Trumps America now boy…

  • Walt

    Legere and trump hate each other

    • Phil

      But DJT is loving Softbank right now so get ready , Sprint will be buying T-mobile

      • Critic4U

        Don’t you think it would be the other way around? T-Mobile buys sprint. I could see it happening what do you think phil?

        • Acdc1a

          Softbank has the pockets, but Sprint has been adding subscribers recently. As such even a republican administration, especially THIS republican, is likely to block a merger. If anything I could see Comcast or Dish joining with T-Mobile to do battle with AT&T’s media empire.

        • Phil

          Softbank owner paid Trump tower a visit & pledged 50Billion $ investment & 50 thousand new jobs in USA.
          DJT has made it be known with handshake on national TV.
          The deal has basically done merger in near future fcc will play nice

        • Acdc1a

          You mean the same meeting where Son said he was investing in technology and startups? Not exactly what I’d call a done deal.

        • Phil

          Lol ok

        • Phil

          Softbank met with Trump & pledged 50 billion$ & 50 million new jobs in USA.
          This merger is going to happen & Softbank will make the buy

        • Jared

          Its only a matter of time. Not IF but WHEN.

  • jonathan3579

    Wow, T-Mobile is looking more slimey by the day.

  • Bklynman

    This just corp greed on his part,just like Enron,they wanedt everything for themselves,still don’t understand why they did what they did,they destroy their company,the people who work for them. So in other words he he saying he wants more then 6 to 7 figure he makes,more then the stocks he get every year,really how many houses,$50,000 plus watches,6 figure cars do people like him need?

    • Critic4U

      I’m sure his favorite song is Queen – I Want It All

  • samsung freud

    Don’t be too surprised, we already see that their accounting practices are the subject of an SEC complaint.

    The “un-carrier” is now showing its true colors.
    We’ll see a lot of other executives come out in favor of de-regulation of their respective industries in about 6 weeks.
    Get ready to lose your wallet.

  • Timothy Poplaski

    Innovation, like more ways to charge more for the same or less service? Comcast “innovated” nationwide data caps recently. No technical reason, just increases revenue and deters people from using streaming video services. T-Mobile would love to innovate along the lines of AT&T, charging the Facebooks and Googles of the world for faster/free customer access, leaving their competitors dealing with 3G speeds. And so on.

    Sure as hell hope they don’t merge. But somehow I think it’s Comcast/TMobile in the future. Higher rates, crappier service. yay

  • T-Mobile needs to put a lid on him. He’ll make sure that T-Mobile has the same amount of market share in the US that Microsoft has currently: 2%. Getting rid of regulations only help AT&T and Verizon.

  • pjsx

    “more positive for my industry”
    Translation: “more positive for my bank account”

  • mike

    Yeah, it’s good for T-Mobile and other provides but absolutely sucks for the consumers. Do you really think the cell providers will be in your corner without regulatory controls? Deregulation always said to generate competition which will lower prices. We all know how that has turned out. Sounds like the consumer is going to get screwed all the way around in this deal.

    • Jared

      Well said!

      When Braxton Carter said. ““destroys innovation and value creation.” what he was REALLY saying is maximizing our profits will offer consumers a little as possible. While cutting corporation taxes.

      Im currently with T-Mobile and have loved them for what I thought was the only good wireless carrier in the US left. This has now changed my opinion. I will need to look somewhere else ie. Republic Wireless or Project Fi

      Write it down now. Sprint is going to Buy and merge with T-Mobile in 2017 with Trump in office. Softbank owner Masayoshi Son whom owns Sprint just had a meeting with Trump and said hes gonna invest $50B and create 50k new jobs. Translation Im gonna buy T-mobile.

      Also Buh Bye and RIP Net Neutrality. Great for consumers terrible for big business. America middle working class we loss again to the wealthy and powerful!!!

    • Melissa

      mike, have you ever thought about getting an education?

  • badassn

    This is why I keep in mind that I am not a T-mobile customer because they care about me the most, but instead I am a T-mobile customer because they are screwing me over the least.

    • Annette Scahrossar Parr

      How screwed ya going to feel when they merge wit AT &T like they wanted to s while back and like he’s obviously thinking will be able to happen now.
      “The T-Mobile CFO touched on consolidation, too. T-Mobile is regularly named as an acquisition target, and with the incoming Trump administration, some have suggested that a T-Mobile merger is more likely than it has been in years past. “It’s hard to imagine that there’s not going to be more openness to consolidation,” Carter said on the matter. “Given the changes that are coming, I really do think you’re going to see a lot of evolution and a lot of excitement.” “

  • Debra Spicher

    What a face to go with the rhetoric. Does the rest of the T-mobile board share his views though? Has anyone read/seen any evidence of this? I’m curious myself if they mirror his views… obviously all bad for consumers, great for business, etc.

    Maybe Deutsch Telekom voted him on. Who knows.

  • Mike

    The incoming FCC chair is on record as saying the days of net neutrality “are numbered”. I’m sure providers are excite. Consumers are about to get screwed big time.

    • mandy

      feel free to start you own service.

      the tmobile cfo sppears to be a fat ild bslding moron with the smile of a douche,

      • Telco Tony

        net neutrality ensures crappy service for all.

  • JG

    Just to throw in my two cents regarding the possible sell/merger of T-Mobile…

    IF it does get sold, my personal optimal buyer for it would be Google. In this ideal world, Google would merge T-Mobile in with Project Fi and Google Fiber to create one large ISP (that hopefully keeps Net Neutrality alive, even if/when the government bails on it).

    Last month, there was an article suggesting Qualcomm’s new LTE radios on their Snapdragon 835 combine with T-Mobile’s network should enable near 1Gbps connections.

    Google could ensure their new Pixel phones, tablets and watches all had compatible hardware to allow for near fiber like connections on the go. They could update the Google WiFi unit to include an LTE/5G radio as well, allowing it to function not only as a mesh router but as the modem as well.

    Rather than sending Fiber to every home, Google could make a network around the city with kiosks similar to the LinkNYC kiosks Google’s Sidewalk Labs is co-sponsoring. They’re estimating the kiosks will generate some $60k in ad revenue in NYC that’ll be split 50/50 with the city. The kiosks could be used to transmit T-Mobile’s frequencies throughout the town in more micro-cell format, without needing to erect ugly and expensive towers ensuring full LTE coverage in every city.

    In regions T-Mobile doesn’t own spectrum rights (Alaska for example), Google could partner with regional carriers (like GCI) to broadcast their frequencies instead. In exchange, Project Fi subscribers would get unlimited use of the partner’s network (using Project Fi’s network switching capabilities) and their customers could also get unlimited use of the T-Mobile network.