T-Mobile’s John Legere (outgoing CEO), Mike Sievert (COO), Matt Staneff (CMO) and Neville Ray (President – Technology) took turns to criticize the network investment made by AT&T and Verizon during the analyst call to share Q4 2019 result.
CEO of T-Mobile, which launched America’s first nationwide 5G network in December 2019, did not reveal gains from the 5G business. SK Telecom, which launched its 5G services in April, ended 2019 with 2.08 million 5G subscribers in South Korea.
T-Mobile CFO Braxton Carter said the company expects its ARPU to continue to be generally stable in the range of plus to minus 1 percent in 2020 as compared to 2019. This indicates that T-Mobile’s 5G business will not assist in enhancing ARPU for the time being.
T-Mobile’s 5G coverage has reached more than 200 million people and more than 5,000 cities and towns — covering more than 1 million square miles across the United States.
Verizon’s 5G mobile strategy was to sprinkle 5G connectivity across 20 some square miles in select American cities, says Mike Sievert.
T-Mobile introduced OnePlus 7T Pro 5G McLaren and Samsung Galaxy Note 10+ 5G to enhance demand for 5G services.
New devices, including 5G smartphones from major OEMs, are expected to operate across multiple spectrum bands, giving T-Mobile an advantage over Verizon Wireless.
Verizon focuses almost exclusively on millimeter wave 5G. “We’re looking forward to a potential 5G device super cycle given our lead in nationwide 5G coverage,” says Mike Sievert.
“It didn’t take long for people to not fall for the 5GE debacle from AT&T,” John Legere said.
T-Mobile’s 4G LTE network now covers 327 million Americans. Mike Sievert said T-Mobile’s LTE coverage reach is at parity with AT&T and Verizon.
Neville Ray said it would be fun to run around the country and show where Verizon’s 5G doesn’t work.
T-Mobile’s decision to slash annual Capex to $5.5 billion to $5.8 billion this year will excite its rivals. But Ericsson and Nokia, leading telecom equipment makers, will have setback in the North American market.