T-Mobile U.S. President: Strong Growth Will Bolster Sprint Merger Bid
*By Jeffrey Marcus*
T-Mobile announced Wednesday it had its best second quarter ever, booking earnings of $0.92 per share on $10.6 billion in total revenueーincluding a record $7.9 billion from services.
The wireless provider also added 1.6 million new customers, the 21st consecutive quarter in which subscribers grew by more than 1 million, the company said. T-Mobile also increased its target for branded postpaid customers to 3.6 million by the end of the year.
T-Mobile U.S. president and COO Mike Sievert said Wednesday in an interview with Cheddar that the company's growth would strengthen its hand in a proposed merger with rival Sprint. After several failed attempts which spanned a couple years, the companies announced an agreement to merge in April and have been working to earn government approval on the promise of increased competition from fewer, stronger rivals.
"The capacity of this network will create competition," Sievert said. "When we get this network built, it is going to have seven times the capacity of today's Sprint and T-Mobile combined. That's going to create a level of competition that AT&T, Verizon, and Comcast have never seen."
For more on this story, [click here](https://cheddar.com/videos/t-mobile-president-reacts-to-q2-earnings-and-merger-with-sprint).
Smashburger CEO Denise Nelsen discusses how her time building the Starbucks brand gave her the tools to lead a Smashburger brand refresh, value wars, and more.
Charles Gillespie, Founder and CEO of Gambling.com Group comments on the billions of dollars in wagers placed on the outcome of the 2024 election and more.
Danny Trejo joined Cheddar to discuss his upcoming show "Mysteries Unearthed" coming to the History Channel and his most recent entrepreneurial ventures.
His Royal Highness Prince Emanuele Filiberto Di Savoia, Prince of Venice, joined Cheddar to discuss his new game that lets everyday folks feel like a royal.
GJ Hart, CEO of Red Robin, discusses the company's place in the "value wars," what's next for the restaurant and his thoughts on Shake Shack in the sky. Watch!
Chiza Vitta, Managing Director Global Analytics at S&P Global Ratings joined Cheddar to discuss S&P's recent Megatrend findings and other 2025 predictions.
Greg O'Hara CEO at Certares joined Cheddar to discuss his personal experience with Wellness Tourism and his predictions for the future of the growing industry.