T-Mobile on track to gain ‘synergies’ from Sprint merger
Since it acquired the 2.5 GHz assets from Sprint, T-Mobile has been going gangbusters on 5G, to the point that it now covers 225 million points of presence (PoPs) and is well on its way to reach 260 million by the end of 2022. By the end of 2023, it expects to reach a population of 300 million with the “Ultra Capacity” 5G that relies on 2.5 GHz. In the short term, completing the integration with Sprint is job number. 1. “This is a big, big year for us from an integration perspective,” with network decommissioning. That’s also where “synergies come to play,” T-Mobile CFO Peter Osvaldik said. It’s also about migrating Sprint customers to the full “Magenta” value proposition and getting all the churn benefits from that. In addition, it’s eyeing growth opportunities, like the smaller markets and rural areas where T-Mobile historically wasn’t a player. By T-Mobile’s calculations, those smaller markets are home to 40 percent of the US. population. Other growth areas are enterprise/government and high-speed internet. T-Mobile recently pulled an “un-carrier move” in the fixed wireless access (FWA) space when it announced how it’s taking on “Big Internet.”
T-Mobile on track to gain ‘synergies’ from Sprint merger