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Print 16 comment(s) - last by NellyFromMA.. on Jun 19 at 10:52 AM


T-Mobile CEO John Legere  (Source: The SF Examiner)
John Legere just can't help but get in a few digs at AT&T once again

T-Mobile US CEO John Legere is never one to back down from hogging the spotlight. After all, this is the same man that crashed an AT&T after-party at CES and routinely takes to Twitter (and his blog) to bash the competition.
 
Today, Legere pointed his criticism towards today’s confirmed news that Amazon’s first smartphone will be an AT&T exclusive. Legere just couldn’t hold back his frustrations and went off a multi-tweet rant lambasting the partnership. He even brought up Facebook’s failed partnership with AT&T for the HTC First, stating, “Remember when the Facebook phone was discounted to 99cents? So like, the whole time it was available on [AT&T].”
 
Legere also vented with the following tweets:


 
 
One can’t help but think that this bravado is all sour grapes, as Legere would likely be screaming from the hilltops if T-Mobile won Amazon exclusivity. With that said, it’s at least interesting to sit back and watch a tech CEO that isn’t afraid to speak his mind without being strangled immediately by his “handlers.”

Source: Twitter



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RE: Say what...?
By NellyFromMA on 6/19/2014 10:52:44 AM , Rating: 2
There isn't really any consumer harm even if their recent actions lead to a higher sale price. And oh, by the way... it's his prerogative to ensure he DOES get the highest price possible for the company.

For those who may be less understanding of the dynamics of valuation, a companies HEALTH is absolutely up-and-down scrutinized prior to a sale, especially a sale of this magnitude.

If Legere were to simply over-extend his companies ability to offer its services by offering unsustainable fire-sales in-effect, those reviewing would actually DEVALUE the companies worth as it would be sadled with customers for which they paid a premium and now almost surely will have to disappoint, gaining negative PR etc.

Saying Legere "only did this to raise the company value" for immediate sale is just too short-sighted and fails to grasp the basics of an acquisition and valuation of a company. Valuation happens over immediate, short, mid, and long term assessments. You can not abandon mid-to long term to bloat immediate and short (well, maybe if you were selling your company to the most rookie of suitors).

Such a statement is just a snap-judgement without considering that businessmen (and women) seek value, realized by low-investments and high-revenues, the net of which is profit.


"A lot of people pay zero for the cellphone ... That's what it's worth." -- Apple Chief Operating Officer Timothy Cook














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