Timotheus Hottges, CEO of T-Mobile parent Deutsche Telekom left no room for ambiguity regarding the company’s 5G plans.
In an interview with CNBC, Hottges was asked about the ongoing merger negotiations following the court victory allowing it to move forward. There have been multiple reports that Deutsche Telekom was renegotiating Sprint’s price, given how much the company had dropped since the deal was initially made.
Although Hottges could not comment on internal negotiations, he was very optimistic about the future of his company’s 5G rollout and the benefits of the T-Mobile/Sprint merger.
“This is a unique story. And for us…that is the biggest transaction ever made from a German company in the U.S.,” said Hottges. “This is…the biggest transaction in the telco space over the last ten years.
“And this is creating super relevant impact for customers. We’re going to build the best 5G network. We’re going to have double the amount of spectrum, so we can be very aggressive on pricing and on AT&T and Verizon, perspectively.
“And, on top of that, it’s creating 43 billion of synergies, bringing the two networks of Sprint and T-Mobile together. So this is creating a lot of, let’s say, possibilities for us and we are intrigued by the strategic benefits of this this transaction.”
Based on Hottges’ comments, it seems T-Mobile’s aggressive pricing and customer-first attitude aren’t going away anytime soon.
