CEO Says T-Mobile Is Growing Faster, Hints At Un-Carrier 10.0

CEO Says T-Mobile Is Growing Faster, Hints At Un-Carrier 10.0

T-Mobile's CEO John Legere has spilled the beans that "Uncarrier 10 is coming soon to a theater near you." He also shed light on the network operator's steady growth revealing that T-Mobile had surpassed the 2.1 million net customer additions it reported in Q2 2015.
(Photo : Spencer Platt | Getty Images )

T-Mobile's CEO John Legere has dropped hints that the network operator could be eying Un-carrier 10.0.

At the Goldman Sachs 24th Annual Communacopia Conference held on Sept. 18, Legere not only spoke about T-Mobile's performance in Q3 2015, but also spilled the beans that "Uncarrier 10 is coming soon to a theater near you."

Legere divulged that T-Mobile's subscriber base has seen a steady growth in Q3 2015, buoyed by increased numbers in net additions. The carrier has surpassed the 2.1 million net customer additions it reported in Q2 2015.

With a few days left for Q3 2015 to close, the network operator has already been able to match the postpaid net additions and postpaid phone additions for Q2 2015 which stood at one million and 760,000, respectively.

Moreover, when compared to the same period in 2014, T-Mobile has already surpassed the prepaid net additions which was 411,000. The prepaid net additions in Q2 2015 stood at 178,000 and the carrier has tripled the same.

Legere also revealed that out of the last seven quarters, five have accounted for an addition of two million customers. If one were to take 10 continuous quarters for the carrier, the figure would stand at one million customers added. These figures bear testament to the carrier's steady growth and point in the direction of positive future quarter results.

In Q2 2015, T-Mobile's revenues saw a 14 percent growth year-over-year and shows that the carrier is on the path to growth. Legere attributes the success to the fact that the carrier is paying heed to the wants of its customers. T-Mobile intends to stick with its Un-carrier plan in an attempt to "fix and change a broken and arrogant industry."

Legere also opined that rivals such as Verizon Wireless and AT&T were rigid as they were "not adapting to anything" on their own, but were being compelled to make alterations to move with the times and were being "dragged kicking and screaming."

The T-Mobile CEO also said that come the 2016 600MHz spectrum auction, the company is looking to be extremely aggressive on that front.