T-Mobile CFO Braxton Carter said that T-Mobile would support additional consolidation in the industry.
May 19, 2014 | By Mike Dano
A top T-Mobile US (NYSE:TMUS) executive said that the carrier plans to make more "uncarrier" announcements throughout this year and next year in an effort to shake up the industry and maintain its momentum in the market. T-Mobile CFO Braxton Carter also said the operator sees low-band spectrum as "very important" to its future, and is very interested in the FCC's upcoming 600 MHz incentive auction of TV broadcaster spectrum.
Our priority is really to build out a nationwide footprint" with low-band spectrum, Carter said, adding that T-Mobile's acquisition of Verizon Wireless' 700 MHz A Block spectrum for $2.4 billion earlier this year represents a step in that direction.
Carter also said that T-Mobile supports the current structure of the 600 MHz auction, which would offer licenses in 5x5 MHz blocks. "We can execute our business model very effectively with a 5x5 or 6x6 deployment," Carter said. "We think we could get by with 5x5."
Not surprisingly, Carter was questioned about consolation in the wireless industry. Sprint (NYSE: S) and SoftBank have been rumored to be preparing a bid to merge Sprint with T-Mobile--although they could face significant opposition from regulators. Without discussing any specifics, Carter said that T-Mobile would support additional consolidation in the industry.
"If we had the scale that is equivalent to AT&T and Verizon… we would have much more of an ability to compete on all aspects and all levels with AT&T and Verizon," he said. "The uncarrier model would be substantially enhanced with additional scale."