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Technology John Legere reveals how close Dish and T-Mobile were to merging

03:55  13 december  2019
03:55  13 december  2019 Source:   cnet.com

T-Mobile’s nationwide 600 MHz 5G network will launch on December 6th

  T-Mobile’s nationwide 600 MHz 5G network will launch on December 6th Joining the company’s existing short-range mmWave networkT-Mobile has also started rolling out its 5G network on a smaller scale with faster (but short-range) mmWave technology in a few cities, similar to Verizon. The 600 MHz half of the network looks to help make up for the shortcomings of mmWave networks, like the short range and difficulties of getting signals into buildings.

T - Mobile CEO John Legere , seen here in an earlier photo, testified Thursday about his company's need to merge with Sprint. In discussing the carrier's turnaround from its dire conditions, T - Mobile CEO John Legere revealing just how close the two providers were to a deal of their own in 2015.

T - Mobile CEO John Legere . Photo by John Moore/Getty Images. Another week, another potential telecom merger . Considering that, it makes sense Legere , Ergen, and their respective companies would be interested in testing the waters for a merge .

T-Mobile and Dish are working towards the same goal of getting T-Mobile's $26.5 billion merger with Sprint across the finish line, but four years ago the two carriers nearly partnered up themselves. In discussing the carrier's turnaround from its dire conditions, T-Mobile CEO John Legere revealing just how close the two providers were to a deal of their own in 2015.

John J. Legere talking on a cell phone: T-Mobile CEO John Legere, seen here in an earlier photo, testified Thursday about his company's need to merge with Sprint. Screenshot by Sally Neiman/CNET© Provided by CNET T-Mobile CEO John Legere, seen here in an earlier photo, testified Thursday about his company's need to merge with Sprint. Screenshot by Sally Neiman/CNET

Legere, who testified on Thursday in a trial to determine the fate of the T-Mobile-Sprint deal, was the first witness called by T-Mobile in its defense of the deal. His testimony included some of his company's "un-carrier" moves and an account of how he was able to turn around the network following the failed AT&T and T-Mobile merger in 2011. Appearing in a dark suit with a tie -- unusual for the man known for his magenta tees and leather jacket -- Legere detailed his company's troubled state when he took over in 2012, citing its fourth-place position in the US wireless market, limited spectrum and high rate of customers leaving for other carriers.

T-Mobile's 5G network will go live on December 6th

  T-Mobile's 5G network will go live on December 6th T-Mobile will officially activate its 5G network on December 6th, the carrier announced today during a live stream dedicated to its upcoming merger with Sprint. According to CEO John Legere, 200 million customers will have access to the network on day one, with 5,000 cities and towns covered before the end of 2019. The company plans to market the initiative as "5G for Good," likely in an effort to drum up additional support for its merger with Sprint. That's because the launch is dependent on the merger going through since T-Mobile needs access to Sprint's spectrum to make such a wide initial rollout possible.

Dish Network and T - Mobile US are considering a merger , according to The Wall Street Journal. Discussions are said to be at the "formative stage" and may yet fall through, but the two parties are reportedly in " close agreement" about the big picture. T - Mobile CEO John Legere (above) would be

T - Mobile US CEO John Legere testifies before a House Committee on Energy and Commerce If the Department of Justice is going to allow T - Mobile to merge with Sprint, it's going to need more Deutsche Telekom, Dish and the DOJ are close to an agreement, and a deal could be finalized by

John J. Legere talking on a cell phone: T-Mobile CEO John Legere shares his thoughts on 5G and Sprint. © Screenshot by Sally Neiman/CNET

T-Mobile CEO John Legere shares his thoughts on 5G and Sprint.

Legere credited the carrier's self-proclaimed "un-carrier" approach to the wireless industry -- including its removal of two-year contracts and overages and bringing back unlimited plans -- for helping engineer the turnaround while also acknowledging the importance of the $3 billion in cash and billions of dollars worth of spectrum that AT&T gave T-Mobile as part of the "breakup fee" from their failed deal.

The possible deal between Dish and T-Mobile and their unlikely partnership now underscores the incestuous nature of the wireless business, with a near decades-long soap opera involving most of the major wireless players, including AT&T, T-Mobile, Sprint, as well as satellite TV provider Dish. AT&T's money and spectrum allowed T-Mobile to purchase of Metro PCS, build an LTE network and acquire additional spectrum such as its purchase of airwaves from Verizon in 2014.

WeWork reportedly wants to hire T-Mobile’s brash CEO John Legere as its new boss

  WeWork reportedly wants to hire T-Mobile’s brash CEO John Legere as its new boss He turned T-Mobile around, but WeWork may be more of a messLegere seems to be WeWork’s idea of a fixer. When he was brought into T-Mobile in 2012, T-Mobile was in a distant fourth place among US wireless carriers. He’s since turned it into a strong third-place competitor and is in the middle of a merger with Sprint that would turn the company into an even more formidable member of the industry.

T - Mobile US CEO John Legere speaks at the 2013 Consumer Electronics Show. David Becker/Getty Images. 'I snapped'. Legere said that as he was This would require T - Mobile to behave like a startup disrupting the industry run by giants AT&T and Verizon, who Legere dubbed "dumb and dumber."

T - Mobile said it wouldn't proceed with closing the deal until it settled the concerns of the state attorneys general. The T - Mobile merger , announced If the deal is completed, the company would retain the T - Mobile name, and T - Mobile CEO John Legere and his management team would run

If T-Mobile's merger with Sprint does not go through, there will be no lucrative breakup fee. Instead, the breakup fee would see T-Mobile pay Sprint $600 million, though even that number may vary depending on exactly how the deal falls apart.

Legere continued arguing T-Mobile's case that it needs Sprint to be able to boost its network's capacity allowing for faster speeds and cheaper prices for consumers due to the "highly complementary" nature of each carrier's wireless spectrum.

By combining with Sprint, T-Mobile has said it will be able to offer a vastly superior network with "triple the total 5G capacity of standalone T-Mobile and Sprint combined." Without the deal and the spectrum capacity it would bring, T-Mobile's network could "exhaust capacity in the next two to four years" in certain markets, according to an enterprise risk assessment that was presented in court.

WeWork courts T-Mobile's John Legere for CEO spot

  WeWork courts T-Mobile's John Legere for CEO spot The Wall Street Journal reports the troubled office sharing startup is looking to hire T-Mobile's CEO to fill the top spot at its company.The company has been looking for a new CEO since WeWork co-founder Adam Neumann stepped down as CEO last month. WeWork, which provides shared workspaces for tech startups, is currently being led by co-CEOs Artie Minson, the former chief financial officer, and Sebastian Gunningham, former vice chairman.

And John Legere wants you to thank T - Mobile for it. In response to criticism of the company's BingeOn scheme, including signals that the FCC is Later, Legere started answering questions from the public on Twitter. After several nonsensical responses to questions about the program, Legere directly went

T - Mobile is trying to get swept off their feet by a company willing to take on their burdens, and a new candidate has arrived. The Wall Street Journal reports Dish and T - Mobile are in talks about a possible merger deal.

The 14 state attorneys general who are suing to block the deal, however, argue the elimination in a fourth competitor would cause prices to rise and hurt consumers.

A near Dish/T-Mobile pair up

That's where Dish comes in. As part of its agreement with the Department of Justice, Dish will acquire divested Sprint assets from T-Mobile should the deal go through including the Boost prepaid brand, wireless spectrum, retail stores as well the ability to use T-Mobile's network for seven years while it built out its own 5G network.

In discussing possible partners that could replace Sprint, Legere said that Dish was more interesting given the TV provider's "spectrum trove" that is "roughly the size of Verizon's" as opposed to having a cable company like Comcast and Charter acquire the assets.

In their questioning of Legere, the lawyers representing the attorneys general looking to block the deal questioned why T-Mobile needed to partner with Sprint, specifically as opposed to dealing with Dish. Legere recommended a merger with Dish to his board in 2015 with the outspoken T-Mobile CEO saying he liked the idea of "un-carriering" Dish's satellite business as well as getting access to Dish's spectrum.

The two parties, however, couldn't agree on a price, with Legere recalling that Dish co-founder Charlie Ergen believed that T-Mobile would "disintegrate" and have its stock fall below $20 as opposed to the $25 price the stock was trading at when the deal was discussed. Ergen, a notoriously difficult negotiator, is expected to appear in court next week.

When asked if he would call Dish should the Sprint deal be blocked, Legere said he wasn't sure what he would do.

The T-Mobile CEO is expected to continue his testimony Friday morning, with T-Mobile President and Chief Operating Officer Mike Sievert also expected to testify.

T-Mobile CEO John Legere to step down on May 1 .
COO Mike Sievert is taking over.Chief technology officer Neville Ray has also been promoted president of technology as part of the executive reshuffling.

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