Legere: We Don't Need to merge with Sprint to Succeed

This morning we posted T-Mobile's Q2 earnings, which were quite good. They brought in around $391 million in operating profit, and added 1.5 million new connections in April, May and June. Which marks the fifth consecutive quarter that T-Mobile has added over a million new connections. And brought them past the 50 million subscriber mark. After they put out the press release (around 6am ET this morning) they did their conference call a bit later on. Which there were some interesting quotes from the executives at T-Mobile. The most interesting one was regarding the T-Mobile/Sprint Merger from CEO John Legere.

While Legere can't comment specifically on the merger - likely due to some NDA's etc, from the lawyers on both sides - what he did say about it was basically that they don't need to merge with Sprint to succeed. And I think we're beginning to see that. After the Q1 results where they lost around $180 million but gained 2.4 million subscribers, many were saying that T-Mobile needs Sprint. But if T-Mobile can keep this up, that may not be true. T-Mobile is still about half of what AT&T and Verizon are, in terms of subscribers, but they may soon pass up Sprint. T-Mobile currently has 50.5 million customers and Sprint is sitting at just over 53 million. While AT&T and Verizon are over 100 million.

Another topic that T-Mobile touched on was the new iPhone which is due to come out in the fall, with a larger screen. Legere also wouldn't comment on the iPhone 6, again he's likely under NDAs from Apple. But there was a study that came out recently saying that 33% of wannabe-carrier switchers would join Magenta, and not many would leave Magenta. But the iPhone 6 and the new iPad coming this fall could definitely bring over a ton of new subscribers to T-Mobile.

There's a lot to be proud of, if you're John Legere. Not just from this quarter but from the entire time he's been CEO of T-Mobile. Since taking over, T-Mobile has gone from losing around a million subscribers each quarter to adding just that many. They are actually in a better place now then they were before AT&T tried to purchase them. Which led to a huge exodus of subscribers, and now they've built it back up to where they need to be. However, T-Mobile's not done, as Legere did tease uncarrier 7.0 for later this summer, today.

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Alexander Maxham

Head Editor
Alex has written for Androidheadlines since 2012 as Editor of the site and traveled the World to many of the biggest Smartphone and Technology events. Alex has a background in Technology and IT and Deep Passion for Everything Android and Google. His specialties lay in Smartphones of all budgets, Accessories, Home Automation and more. Contact him at [email protected]