The chief executive of T-Mobile, Philipp Humm, has resigned from the company to take a position with a company in Europe, All Things D reported Wednesday.
The impact of AT&T Inc's proposed acquisition of T-Mobile on competition, pricing and consumer choice will be examined at a congressional hearing on Wednesday where top executives are due to appear.
AT&T has touted fewer dropped calls and faster data speeds to entice consumer and policymaker support for its $39-billion bid to take over Deutsche Telekom AG's T-Mobile USA.
AT&T Chief Executive Randall Stephenson and T-Mobile USA CEO Philipp Humm are scheduled to appear before the Senate's antitrust subcommittee to defend the deal that would concentrate 80 percent of U.S. wireless contract customers
Philipp Humm, the new chief executive of T-Mobile USA, wants to boost the wireless carrier's fortunes in the U.S.
He has reason: The company, which is the fourth-largest in the U.S., reported it lost more than 300,000 subscribers on contract-based plans in the fourth quarter.Humm, who came from sister company T-Mobile Germany in November, spoke with the Los Angeles Times recently about his plans to make smart phones affordable, to get everyone using a tablet and to face off against bigger rivals Verizon Communications Inc. and AT&T Inc. He also had a few words about the iPhone