T-Mobile Is Pleased With Its Position in a Competitive Market
The wireless market is highly competitive, but T-Mobile likes how it’s positioned, said Jon Freier, president of the carrier's consumer group, at a Wells Fargo conference late Tuesday. Freier noted that T-Mobile recently updated its guidance to predict 3.3 million net postpaid phone adds this year, up from 2.95 million to 3.1 million, which speaks to growth in the current quarter. “We're feeling really good about that momentum, the overall switching dynamic that's happening in the marketplace and our ability to compete very effectively.”
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
T-Mobile is already the nation’s fifth-largest ISP, with a target of 12 million fixed wireless access subscribers by the end of 2028, Freier said. The carrier hasn’t deviated from that projection since its capital markets day last year, he added. “We see an opportunity to make money." He also noted that T-Mobile’s 5G broadband product uses fallow network capacity. “We've been very consistent in terms of how that works, and we see an opportunity to monetize that fallow capacity.”