T-Mobile Welcomes a More Competitive Sprint, CFO Says

John Legere, has repeatedly said T-Mobile will soon pass Sprint in total subscribers (see 1410280049). Carter said T-Mobile welcomes a more competitive Sprint. “I think that’s a common myth in the wireless industry that Sprint has to fail in order for T-Mobile to be successful,” he said. T-Mobile is getting “the vast majority” of subscribers leaving AT&T and Verizon, Carter said. The company picks up subscribers at twice the rate it losses them through porting, he said. T-Mobile is watching Sprint closely and it’s “refreshing” to see the company emerge “rejuvenated,” he said. He added that like T-Mobile, the subscribers Sprint picks up will come mostly from “the duopoly.” Carter said T-Mobile is already offering 700 MHz handsets and is aggressively building out the 700 MHz spectrum it bought from Verizon. “It’s a game changer for us,” he said. Sprint CEO Marcelo Claure, who spoke to the conference Wednesday, said he has made a lot of progress since taking over three months ago. “Sprint is a great company,” he said. “It has an incredible set of employees who are eager to win, who are eager to get back on the winning track.” Claure said that when he started, Sprint was getting only 10 percent of gross customer adds industrywide. “When you’re 10 percent, that means you are not even part of the conversation, you’re irrelevant,” he said.