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AT&T chairman and CEO Randall Stephenson
AT&T CEO says landingthe iPhone is one of the best moments of his career

Back in 2010, AT&T decided that it would try to purchase rival wireless carrier T-Mobile. AT&T offered Deutsche Telekom $39 billion for T-Mobile, and it was eager to sell. The problem for both of the wireless carriers was the regulators stepped in and killed the deal.

AT&T CEO Randall Stephenson recently talked a bit about the failed purchase, stating, "I wouldn't say it was a bad decision, but it was a decision that didn't go the way I wanted. We didn't execute well."

Stephenson made the comments during an interview with University of Colorado Law school dean Phil Weiser. Stephenson described the failed deal as one of the worst moments of his career as CEO of AT&T. However, he describes landing the iPhone exclusive in 2007 as one of his best.

Stephenson said of the iPhone deal, "We didn't have a great vision as to where this would go, we just knew that when you took data utilization and made it mobile, it would explode."

"We were betting on Steve Jobs," Stephenson continued. "And time has proven that to be a good bet. But it was not a partnership that came without pain."

Stevenson also noted that he expects Dish Network to join in with an existing wireless carrier to use its 40MHx of S-Band wireless spectrum rather than trying to roll out its own LTE network.

Source: Fierce Wireless

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RE: What he really meant was...
By menting on 2/12/2013 12:49:51 PM , Rating: 2
it's really too bad that a lot of people are too dense to do this math though, and the wireless companies are taking full advantage of that.

RE: What he really meant was...
By Dr of crap on 2/12/2013 12:59:10 PM , Rating: 2
It's more a matter of having the cash ready.
Just like car buying. It's the monthly payment and not the selling price that matters to a vast majority.

It way easier to look at what it might cost monthly, then to come up with the $400 right away.

RE: What he really meant was...
By Azethoth on 2/12/2013 2:45:11 PM , Rating: 2
Not a math problem, its a coverage problem. Who has LTE? Verizon and AT&T have and are spending massively and getting towards full coverage.

Sprint: "LTE service available in just 49 cities"
T-Mobile: "Las Vegas will be the company's first LTE market, which will launch later this month" (January)

Now T-Mobile is investing heavily and may have a realistic deployment 2 or 3 years from now. I love their pink and purple ads. The plans make sense.

So 2 or 3 years from now I could give T-Mobile a chance. I suspect that once they start to compete though the 2 leaders will adjust their plan offerings.

Finally there is the elephant in the room: spectrum is finite. We are facing some hard realities soon where most spectrum plain beats less spectrum. I think this aspect would make a great article. Small and scrappy is meaningless if you don't have spectrum.

RE: What he really meant was...
By Reclaimer77 on 2/12/2013 5:34:46 PM , Rating: 2
it's really too bad that a lot of people are too dense to do this math though, and the wireless companies are taking full advantage of that.

Yeah I did the math. Verizon has 12 cell towers in my area. I have 4G ALL the time. ALL.

T-Mobile is a little cheapass organization, and they have 2 towers here. TWO!

I recently switched carriers so I did all the research already. Believe me, at the prices T-Mobile offers I would have been thrilled to go to them. But the simple truth is, they have a horrible network. No way to get around it.

I was also shocked to find survey after survey rating T-Mobile at the bottom in customer satisfaction. Frankly I was hard pressed to find anyone who would actually recommend the service.

We're not "dense" thank you, we want good value for our money, and sometimes paying more gets you that.

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