and Stankey is still employed??
T-Mobile Is Set to Keep Climbing Higher on the Charts
Here are our new price targets.
By BRUCE KAMICH
Jun 08, 2021 | 07:46 AM EDT
Stocks quotes in this article: TMUS, T, VZ
In his first "Executive Decision" segment of Mad Money Monday night, Jim Cramer spoke with Mike Sievert, president and CEO of T-Mobile US (TMUS) , the wireless provider that has evolved into the nation's largest 5G carrier.
Sievert said that after years of AT&T (T) and Verizon (VZ) leading the 4G wireless era, in the 5G era, T-Mobile has emerged as the clear winner and is now setting the standard.
When asked how a scrappy No. 3 player was able to unseat two behemoths, Sievert explained that AT&T and Verizon simply took their eye off the ball with media mergers, acquisitions and partnerships that all ultimately failed. T-Mobile is a pure-play 5G Internet provider and they're years ahead with the right spectrum, technology and customer-friendly policies.
The company added 1.4 million net-new subscribers this quarter alone.
T-Mobile is also leading the charge with 5G home broadband, Sievert said.