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T-Mobile looks to unseat Sprint as third-largest U.S. carrier

Written by Cio
T-Mobile looks to unseat Sprint as third-largest U.S. carrier
  • Cio
  • 2 years ago

T-Mobile CEO John Legere on Thursday shared preliminary results showing that 2.1 million customers were added in the second quarter of 2015.

As a result, he predicted T-Mobile will displace Sprint as the nation’s third-largest carrier, bumping Sprint to fourth. Sprint said in May that it has 57.1 million customers, compared to the 56.8 million for T-Mobile at that time.

“I predict this will be the time they [Sprint] go down” to fourth place, once the quarterly numbers are finalized, Legere said in a conference call. T-Mobile’s market capitalization is already double that of Sprint’s, he added.

T-Mobile’s total for the quarter will be 58.9 million postpaid, prepaid and wholesale customers, Legere predicted. That’s an increase of 41% over the same quarter a year ago.

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