AT&T CEO Admits That T-Mobile Bid Wasn't Well Executed
February 12, 2013 9:40 AM
comment(s) - last by
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
, 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.
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RE: What he really meant was...
2/12/2013 2:49:20 PM
AT&T is evil. Plain and simple. 86% U-Verse customer dissatisfaction rating, 3 years straight lowest wireless customer satisfaction, second highest wireless prices in the industry, and hands-down the worst support across all products compared to their competitors.
I got so tired of struggling with my piece of crap NVG510 modem because AT&T couldn't get the firmware to stop DNS-dropping that I went back to Comcast for twice the price. But they installed it in two days, let me use my own equipment, there is no contract, and most importantly, it works 24/7.
I'm glad AT&T didn't screw up T-mobile, because even though they said they didn't plan to make 'changed' to the company, they would have, and it would've destroyed them. But I'm not a huge T-mob fan, either. I had them for about 9 months in 2011 and I don't think I ever had a conversation exceed 5 minutes without dropping here in Chicago. God forbid you were in a mobile vehicle like a car or train. But the data was lightening fast.
Have Sprint now, am satisfied especially not that we have LTE.
RE: What he really meant was...
2/13/2013 8:34:33 AM
AT&T ...,3 years straight lowest wireless customer satisfaction
Funny, I seem to recall survey after survey giving T-Mobile that honor. Seems like Reclaimer has come across them too. Though, I think that says more about T-mobile than AT&T. Can't really dispute the rest of it though. DSL/U-Verse should be used for demotivational posters.
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