T-Mobile CEO Reveals Latest 5G Information
T-Mobile CEO John Legere released several tidbits of information on the integration of 5G home internet service yesterday afternoon.
The key takeaway from the announcement though is that T-Mobile will only be able to go forth with 5G home internet service if their merger with Sprint comes to fruition. If that’s the case, T-Mobile expects to reach half of all US homes within five years with this new fast and reliable alternative for in-home broadband.
But with Sprint out of the picture, the four major United States carriers would bump down to three – a move that’s been said to be detrimental in providing a competitive environment. To offset that, T-Mobile is directing the attention towards increasing competition in the home internet industry.
“We’re the Un-Carrier! – and if there’s ever been an industry more in need of disruption than wireless, it’s the Cableopoly. So we are going to change it the same way we changed wireless! Aggressive prices, rapid innovation, listening to customers and fixing what’s broken. That’s just what we do – we are not going to simply do more of what the other guys do,” wrote Legere.
Their plan as the “un-carrier” involves removing more than just wires but many of the tribulations that they feel derive from current in-home broadband services.
Step one is to expand their services into previously difficult to serve areas with 100+ Mbps speeds. Next, the company plans to offer customers free 4G routers —operating over T-Mobile’s LTE network—which will then switch to 2.5 GHz spectrum and 5G compatible hardware after the merger. Lastly the company is promising to offer their services at a low cost with no annual service contract, no extra charges for the router, no installation charges, etc. In the end, T-Mobile expects to save Americans an estimated $13 billion a year on broadband service by 2024.
While it's still not totally clear when the merger between T-Mobile and Sprint might happen, Legere ended the blog post by saying "stay tuned for round 4."