Time surely flies. Would you believe it’s already a decade since T-Mobile started offering iPhone devices to its customers? This is something that T-Mobile CEO Mike Sievert is commemorating in his latest blog post. In the post, Sievert looks back to 2012 and shares how T-Mobile used to be a “distant fourth in wireless with limited financial resources to improve its network.” At that time, … [read full article]
Is T-Mobile hinting at acquiring another rival? As reported by PhoneArena, T-Mobile’s CEO Mike Sievert has been hinting at purchasing USCellular, which has recently been put up for sale. If the Un-carrier is able to purchase the carrier, it will give them more spectrum and significant assets in the rural markets. Currently, T-Mobile’s rural wireless market share in the country has increased to 16.5% from 13% in 2021. Still, … [read full article]
Last month, it was announced that 7 percent of T-Mobile’s workforce was getting cut. This roughly translated to 5,000 employees. Shortly after this, the Un-carrier announced the first-ever dividend program for its shareholders to enjoy. In its announcement, the company is said to be preparing to pay dividends of $3.75 billion in the next five quarters. In addition to this, T-Mo plans to buy back $15.25 billion of its shares. Shortly after the announcement, the company’s shares … [read full article]
Once again, T-Mobile is in hot water over today’s news. Despite promising to be a “jobs positive” company, the Un-carrier is apparently laying off around 5,000 of its workers. This is roughly around 7 percent of T-Mobile’s workforce. As reported by The Verge, the positions that will be affected by this include those working in corporate, back-office, and technology. Employees in retail and customer care will not be affected … [read full article]
It’s been a year since T-Mobile CEO, Mike Sievert, released his video interview series called Sidekicks Conversations. In this series of videos, he talks to other CEOs in the fields of tech, business, sports, and beyond. Today, Sievert shared a blog post related to his latest interview. The blog post touched on the importance of mindful listening. The CEO also shared what happens once we express curiosity about others. He also shared some of the things he … [read full article]
T-Mobile has appointed finance executive James J. Kavanaugh to its Board of Directors. The appointment begins on July 18, 2023. Starting August 1, Kavanaugh will be serving on the Audit Committee of the board. In its announcement, T-Mobile US Board of Directors’ chairman, Timotheus Höttges, said: “We welcome James Kavanaugh’s incredible background and expertise to the talented group of advisors on the T-Mobile US Board during such an exciting time of growth for the company. We will … [read full article]
T-Mobile CEO, Mike Sievert, recently spoke to the 2023 undergraduates of the University of Washington’s Foster School of Business. Sievert gave his advice to the graduates to follow their competencies instead of following their passions. This is because “following your passion” tends to make men and women conform to societal expectations and gender roles. He wrote:“Here’s what I mean. Even though something like a first job out of college (or beyond!) may not seem like it speaks … [read full article]
T-Mobile released its third annual Corporate Responsibility Report earlier this month. This report includes a comprehensive overview of the Un-carrier’s environmental, social and governance (ESG) strategy and progress from the previous calendar year. As shared by the Un-carrier, this report is helpful to the business and how it operates. In its report this year, T-Mobile highlighted the progress it made in the areas of diversity, equity and inclusion, digital equity and environmental sustainability. The Un-carrier also talked … [read full article]
In Q1 2023, T-Mobile reported a decline in its churn percentage. Compared to last year’s .93%, the quarter had .89% churn rate, which is something that CEO Mike Sievert is pleased with. After all, T-Mo is the only wireless carrier to have reduced churn rate. Its other rivals reported an increase in churn rate. This, however, does not mean that T-Mobile will be complacent with its churn rate at this point. As noted by Sievert: “But still, … [read full article]
T-Mobile will be presenting at the J.P. Morgan Global Technology, Media and Communications Conference. T-Mobile US, Inc.’s president & chief executive officer, Mike Sievert, will be presenting and providing a business update at the event. The event will take place on Monday, May 22, 2023 at 1:10 pm ET. If you are interested in joining the event, you can tune into the webcast around that time. During the virtual event, there will be a live webcast of … [read full article]
