T-Mobile CFO to vacate position

t-mobile-braxton-carter-exit

T-Mobile and Sprint have both been patiently waiting for the regulatory approval for their proposed merger. But even though it has been taking some time for a decision to come out, the two companies continue to serve their customers and plan ahead for the success of the company.

One of the actions recently made by T-Mobile is to undergo an amended employment contract with its current CFO, Braxton Carter. The agreement shows that Carter will be leaving his position as the finance chief of T-Mobile, whether or not the proposed merger pushes through.

In a regulatory filing with the Securities and Exchange Commission (SEC), the company shared that Carter’s last day with the company will be decided by the merger’s condition. There are three fixed dates given that could potentially be Carter’s last day with T-Mobile. These dates include December 31, 2019; 20 days after the merged company’s first quarterly filing; or 20 days after the proposed merger is announced to be off.

T-Mobile’s decision to drop Carter from the company does not come as a surprise for analysts. Back in September, there was some speculation about this departure, especially when Sunit Patel was announced to lead T-Mobile’s integration with Sprint. Patel has worked as CenturyLink Inc.’s CFO prior to his new employment.

Carter has been a key figure in the company’s deal to purchase Sprint. He joined T-Mobile as CFO in April 2013, when MetroPCS merged with T-Mobile. Prior to this role, he was the CFO of MetroPCS since March 2005.

A T-Mobile spokeswoman declined to comment on whether or not the company has chosen a successor.

Source: WSJ

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  • Mike Smith

    Poor Braxton gets no comments?

    • Acdc1a

      He’s not flashy like John…

  • JG

    See, the merger is creating jobs already!

  • Jay Holm

    I’m looking for headline about 600mhz launching….those are the headlines I am looking for, it’s April 2019.

  • mikeZo6

    Yea phase 2 testing ends this month BUT their are 10 phases total ending 7/03/2020
    Testing key word
    Phase Testing starts Ends by
    1 09/14/2018 11/30/2018
    2 12/01/2018 04/12/2019
    3 04/13/2019 06/21/2019
    4 06/22/2019 08/02/2019
    5 08/03/2019 09/06/2019
    6 09/07/2019 10/18/2019
    7 10/19/2019 01/17/2020
    8 01/18/2020 03/13/2020
    9 03/14/2020 05/01/2020
    10 05/02/2020 07/03/2020

    • Jay Holm

      Well… I live in the Houston area, so that is why I am interested in phase 2, which includes Houston.

      • mikeZo6

        Got ya

    • Jay Holm

      Half of all the phases are this year, I think that is a good thing. So long as Houston, east Houston, Galveston, the Gulf region gets covered sooner, rather than later….Ill I be happy.

    • Jay Holm

      I looked through all 10 phases, and I cantc find when Las Vegas is getting 600mhz, T-Mobile did get nationwide licenses, right?

  • Clifton K. Morris

    Things weren’t looking so good for Braxton since he was asked to move his office down next to the boiler room in Newport 2.

  • riverhorse

    All whining aside, officially & in theory doesn’t equal in practice and widespread. Go to the part that gives you the dates the remaining stations have until to give up their 600 bands.
    Neighborhood rats might enjoy getting lit up early, but most normal people who travel around won’t care for hit or miss.