Earlier this month, T-Mobile executives like John Legere and Mike Sievert conducted a town hall meeting with former Sprint CEO Marcelo Claure and Sprint employees in Kansas City. Now the transcript for the event has made its way online.
Claure talked up the 5G network potential that a combined T-Mobile and Sprint would have thanks to Sprint’s 200 megahertz of 2.5GHz spectrum as well as T-Mo’s 30 megahertz of 600MHz spectrum as well as its millimeter wave spectrum. “So when you put them together — it’s when you combine this spectrum that’s going to allow us to have — not — by — by far the best spectrum to build the world’s most advanced 5G network that’s going to serve customers all over America,” Claure told the crowd of Sprint workers.
Jobs were also a major focus of the talk, with Claure saying that he and Legere are committed to adding jobs. Legere later admitted that there will be “retail consolidation” but that “store jobs are a function of your share of gross add aspirations and your foot traffic.” “So if you have an area where stores are competing and there’s a lot of traffic, and you create one bigger one out of the two of them,” Legere explained, “it doesn’t necessarily mean you need fewer people.”
Legere also touched on the combined T-Mobile-Sprint’s hopes for adding jobs if the merger is approved. “Two is those come in different varieties, but year one, you can expect 3,000 more jobs. Right? By 2024, 11,000 more jobs,” the T-Mo CEO said. “We need at least 5,000 new Care positions. We’re going to build new retail stores. Okay? A lot of network investment in jobs. New businesses that we’re entering into that we don’t have the talent or capability from.”
“Now, I’m not ducking the point that there is, right now, until we figure out exactly how to map it, there’s two headquarters. And there definitely are two of some things. There may not be two of everybody that wants to be here and do things,” Legere said. “We’ve got to map that. But we know we need the talent and capability. We know we’ve got available space and opportunity here to build new things. So we’re working on: What are those?”
Claure talked jobs, too, saying that in talking about the merger with Legere, he wanted to ensure that just because T-Mobile will be a bigger shareholder, that doesn’t guarantee that all of the jobs will go to T-Mo employees. “T-Mobile employees doesn’t automatically get a job; Sprint employees don’t automatically get a job. We are going to choose who is the best person that is suited to do specific jobs, and that is a big deal. That, to me, was the most important part when doing this merger,” Claure said.
There were lots of other topics touched on during the town hall, including when Legere first met Claure at a restaurant in New Jersey and the correct pronunciation of Legere’s last name. If you’d like to read more about what was talked about during the town hall, you can find the full transcript at the SEC link below.