T-Mobile Sharpening Focus on Mobile Wireless Dominance: Analyst
MoffettNathanson analysts met with T-Mobile CEO Mike Sievert and other top executives after reports surfaced that Sievert may exit the company (see 2506100058), Craig Moffett said in a note to investors. Moffett said he came away impressed by T-Mobile’s current focus.
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“We’ve periodically criticized T-Mobile for what we might call ‘distractability,’ or a focus on ancillary issues like a fiber strategy that covers less than 2% of the country, or even” a fixed wireless access “strategy that accounts for just a few percentage points of revenue,” Moffett wrote this week. In the meeting, “there was no distraction.” T-Mobile’s senior leadership team was “laser focused on pressing their advantage in their core mobile business. It was, to us at least, an impressive and welcome focus.”
T-Mobile was “fully re-focused on what matters most: taking share from AT&T and Verizon in mobile,” Moffett said. “Every other value creation opportunity is dwarfed in comparison.”