T-Mobile has been in hot water ever since their merger with AT&T fell through and whilst they might not be on the way out there certainly not out of the woods. Recently they announced a new CEO of the company, John Legere, someone with years of experience in the field and now it looks like something is getting done as a result. On Friday, T-Mobile inked a deal with Crown Castle International that gives them the rights to operate 7,200 of T-Mo's cell towers - for 28 years and when this time is up they have the option to buy the towers. John Legere has this to say of the new deal "T-Mobile USA is working aggressively to make our 4G network stronger, faster and more dependable for consumers, and this transaction will support our ongoing $4 billion network modernization initiative that is the cornerstone of this effort as we work tirelessly to continue to deliver our amazing 4G services nationwide."
The deal has apparently been in the works since right after the AT&T fiasco however, it's only just been finalised - whether or not this has much to do with Legere's expertise of influence we don't know but I doubt it had anything of a negative effect. It's looking like T-Mobile's new head man is on his way to doing big things and $2.4 Billion of hard cash will certainly help build out a better 4G network - something that they desperately need to stay relevant. It's fantastic to see T-Mo starting the climb back to the top and whether they read the top or not is something we'll have to wait for but, it'll be a boon for their existing customers. Especially when you consider T-Mobile are the only company offering truly unlimited data packages.