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The two-year wait for the T-Mobile/Sprint merger is finally over

653 days ago, T-Mobile US and Sprint formally submitted the paperwork to the Federal Communications Commission (FCC) for a $26 billion merger, and today it is officially complete.

As of April 1, 2020, the merged business unit will now trade on the NASDAQ Global Select Market under the symbol ‘TMUS’, officially bringing an end to Sprint as a corporation. This has been a drawn-out and very expensive period for the two firms, but the management teams can finally relax.

And for the energetic, erratic and eccentric John Legere, the days over leading the Magenta Army into battle have also drawn to a close.

Mike Sievert, the new CEO of the combined company, might not have the energy or flair Legere possesses, but perhaps that is a good thing for the next few months. Over the last few years, T-Mobile US perhaps needed a flamboyant CEO to mount a challenge to the leadership position of AT&T and Verizon, but the immediate future for this firm requires a different type of manager.

Now the legal and regulatory hurdles have been negotiated, the new business will need a logical, pragmatic and steady hand to lead integration efforts. Perhaps this is what Sievert is? Having been Legere’s first hire, maybe he was the yin to yang, the balance to the madness which the wild-eyed John brought to the firm.

“During this extraordinary time, it has become abundantly clear how vital a strong and reliable network is to the world we live in,” said Sievert. “The New T-Mobile’s commitment to delivering a transformative broad and deep nationwide 5G network is more important and more needed than ever and what we are building is mission-critical for consumers.

“With this powerful network, the New T-Mobile will deliver real choice and value to wireless and home broadband customers and double down on all the things customers have always loved about the Un-carrier. T-Mobile has been changing wireless for good — and now we are going to do it on a whole new level.”

With today (April 1) being the first day of operations under the new cloud of expectation, T-Mobile has to deliver on the promises it has been making. This is the challenge which Sievert will face.

Firstly, the integration of the two businesses is no small feat. Secondly, the aggressive 5G rollout has to continue. And finally, the promises made to the various different regulators and Attorney Generals will have to be honoured. And perhaps above all else, business value will have to be demonstrated to investors otherwise heads will roll.

And what do we have to look forward to over the next couple of years:

  • The promise of a network which will have 14X more capacity than T-Mobile could deliver alone. The new company has set a six-year timeline to meet this milestone
  • Within six years, the team promises download speeds which are 15X faster than what can be delivered today
  • Also within the six-year window, 100 Mbps 5G download speeds will be available to 90% of the US population, while 5G will be available to 99% of the population
  • $40 billion will be invested into the network
  • The deal has promised to unlock at least $43 billion in synergies for all shareholders
  • Create 1,000 jobs in a customer service centre in Kingsburg, California
  • Create 1,000 jobs in Rochester, New York
  • Open 600 new retail stores across the country

Some of these commitments will have been made to ensure the lawyers stop being a nuisance blocking the completion of the transaction, but now it is over to Sievert who has the unenviable job of delivering on promises made by wild-eyed Legere.

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2 comments

  1. Avatar Gary G. Kohls, MD 01/04/2020 @ 9:10 pm

    Be very careful about 5G. Understand that the hottest spots for Coronavirus epidemics were also 5G experimental hotspots: Wuhan, Milan, New York city. Good for Sweden to go methodically. Sweden’s experiment in resisting the hysterical universal lock-down that is destroying the economies of every other nation on earth could be richly rewarded. GGK

    Duty to Warn

    Scientists Warn of Serious Health Effects of 5G

    By Rainer Nyberg, EdD and Lennart Hardell, MD, PhD – September 13, 2017 (1417 words)

    https://www.5gappeal.eu/the-5g-appeal/

    We the undersigned, scientists and doctors, recommend a moratorium on the roll-out of the fifth generation, 5G, for telecommunication until potential hazards for human health and the environment have been fully investigated by scientists independent from industry. 5G will substantially increase exposure to radiofrequency electromagnetic fields (RF-EMF) on top of the 2G, 3G, 4G, Wi-Fi, etc. for telecommunications already in place. RF-EMF has been proven to be harmful for humans and the environment.

    Launched on September 13, 2017. By March 23, 2020 there are 319 signatories.

    5G Leads to Massive Increase of Mandatory Exposure to Wireless Radiation

    5G technology is effective only over short distance. It is poorly transmitted through solid material. Many new antennas will be required and full-scale implementation will result in antennas every 10 to 12 houses in urban areas, thus massively increasing mandatory exposure.

    With ”the ever more extensive use of wireless technologies,” nobody can avoid being exposed. Because on top of the increased number of 5G-transmitters (even within housing, shops and in hospitals) according to estimates, ”10 to 20 billion connections” (to refrigerators, washing machines, surveillance cameras, self-driving cars and buses, etc.) will be parts of the Internet of Things. All these together can cause a substantial increase in the total, long term RF-EMF exposure to all EU citizens.

    Harmful Effects of RF-EMF Exposure are Already Proven

    Over 230 scientists from more than 40 countries have expressed their “serious concerns” regarding the ubiquitous and increasing exposure to EMF generated by electric and wireless devices already before the additional 5G roll-out. They refer to the fact that “numerous recent scientific publications have shown that EMF affects living organisms at levels well below most international and national guidelines”.

    Adverse effects include increased cancer risk, cellular stress, increase in harmful free radicals, genetic damages, structural and functional changes of the reproductive system, learning and memory deficits, neurological disorders, and negative impacts on general well-being in humans. Damage goes well beyond the human race, as there is growing evidence of harmful effects to both plants and animals.

    After the scientists’ appeal was written in 2015 additional research has convincingly confirmed serious health risks from RF-EMF fields from wireless technology. The world’s largest study (25 million US dollar) National Toxicology Program (NTP), shows statistically significant increase in the incidence of brain and heart cancer in animals exposed to EMF below the ICNIRP (International Commission on Non-Ionizing Radiation Protection) guidelines followed by most countries. These results support results in human epidemiological studies on RF radiation and brain tumour risk. A large number of peer-reviewed scientific reports demonstrate harm to human health from EMFs.

    The International Agency for Research on Cancer (IARC), the cancer agency of the World Health Organization (WHO), in 2011 concluded that EMFs of frequencies 30 KHz – 300 GHz are possibly carcinogenic to humans (Group 2B). However, new studies like the NTP study mentioned above and several epidemiological investigations including the latest studies on mobile phone use and brain cancer risks confirm that RF-EMF radiation is carcinogenic to humans.

    The EUROPA EM-EMF Guideline 2016 states that ”there is strong evidence that long-term exposure to certain EMFs is a risk factor for diseases such as certain cancers, Alzheimer’s disease, and male infertility…

    Common EHS (electromagnetic hypersensitivity) symptoms include headaches, concentration difficulties, sleep problems, depression, lack of energy, fatigue, and flu-like symptoms.”

    An increasing part of the European population is affected by ill health symptoms that have for many years been linked to exposure to EMF and wireless radiation in the scientific literature.

    The International Scientific Declaration on EHS & multiple chemical sensitivity (MCS), Brussels 2015, declares that: “In view of our present scientific knowledge, we thereby stress all national and international bodies and institutions…to recognize EHS and MCS as true medical conditions which acting as sentinel diseases may create a major public health concern in years to come worldwide i.e. in all the countries implementing unrestricted use of electromagnetic field-based wireless technologies and marketed chemical substances… Inaction is a cost to society and is not an option anymore… we unanimously acknowledge this serious hazard to public health…that major primary prevention measures are adopted and prioritized, to face this worldwide pan-epidemic in perspective.”

    Precautions

    The Precautionary Principle (UNESCO) was adopted by EU 2005: ”When human activities may lead to morally unacceptable harm that is scientifically plausible but uncertain, actions shall be taken to avoid or diminish that harm.”

    Resolution 1815 (Council of Europe, 2011): ”Take all reasonable measures to reduce exposure to electromagnetic fields, especially to radio frequencies from mobile phones, and particularly the exposure to children and young people who seem to be most at risk from head tumours… Assembly strongly recommends that the ALARA (as low as reasonably achievable) principle is applied, covering both the so-called thermal effects and the athermic [non-thermal] or biological effects of electromagnetic emissions or radiation” and to ”improve risk-assessment standards and quality”.

    The Nuremberg code (1949) applies to all experiments on humans, thus including the roll-out of 5G with new, higher RF-EMF exposure. All such experiments: “should be based on previous knowledge (e.g., an expectation derived from animal experiments) that justifies the experiment.

    No experiment should be conducted, where there is an a priori reason to believe that death or disabling injury will occur; except, perhaps, in those experiments where the experimental physicians also serve as subjects.” (Nuremberg code pts 3-5). Already published scientific studies show that there is “a priori reason to believe” in real health hazards.

    The European Environment Agency (EEA) is warning for ”Radiation risk from everyday devices” in spite of the radiation being below the WHO/ICNIRP standards. EEA also concludes: ”There are many examples of the failure to use the precautionary principle in the past, which have resulted in serious and often irreversible damage to health and environments…harmful exposures can be widespread before there is both ‘convincing’ evidence of harm from long-term exposures, and biological understanding [mechanism] of how that harm is caused.”

    “Safety Guidelines” Protect Industry — Not Health

    The current ICNIRP “safety guidelines” are obsolete. All proofs of harm mentioned above arise although the radiation is below the ICNIRP “safety guidelines”. Therefore new safety standards are necessary.

    The reason for the misleading guidelines is that “conflict of interest of ICNIRP members due to their relationships with telecommunications or electric companies undermine the impartiality that should govern the regulation of Public Exposure Standards for non-ionizing radiation…To evaluate cancer risks it is necessary to include scientists with competence in medicine, especially oncology.”

    The current ICNIRP/WHO guidelines for EMF are based on the obsolete hypothesis that ”The critical effect of RF-EMF exposure relevant to human health and safety is heating of exposed tissue.” However, scientists have proven that many different kinds of illnesses and harms are caused without heating (”non-thermal effect”) at radiation levels well below ICNIRP guidelines.

    We urge the EU:
    1] To take all reasonable measures to halt the 5G RF-EMF expansion until independent scientists can assure that 5G and the total radiation levels caused by RF-EMF (5G together with 2G, 3G, 4G, and WiFi) will not be harmful for EU-citizens, especially infants, children and pregnant women, as well as the environment.

    2] To recommend that all EU countries, especially their radiation safety agencies, follow Resolution 1815 and inform citizens, including, teachers and physicians, about health risks from RF-EMF radiation, how and why to avoid wireless communication, particularly in/near e.g., daycare centers, schools, homes, workplaces, hospitals and elderly care.

    3] To appoint immediately, without industry influence, an EU task force of independent, truly impartial EMF-and-health scientists with no conflicts of interest[1] to re-evaluate the health risks and:
    A] To decide about new, safe “maximum total exposure standards” for all wireless communication within EU.
    B] To study the total and cumulative exposure affecting EU-citizens.
    C] To create rules that will be prescribed/enforced within the EU about how to avoid exposure exceeding new EU “maximum total exposure standards” concerning all kinds of EMFs in order to protect citizens, especially infants, children and pregnant women.

    4] To prevent the wireless/telecom industry through its lobbying organizations from persuading EU-officials to make decisions about further propagation of RF radiation including 5G in Europe.

    5] To favor and implement wired digital telecommunication instead of wireless.

    Respectfully submitted, Rainer Nyberg, EdD, Professor Emeritus (Åbo Akademi), Vasa, Finland and Lennart Hardell, MD, PhD, Professor (assoc) Department of Oncology, Faculty of Medicine and Health, University Hospital, Örebro, Sweden

    • Avatar Gerardo Martinez 02/04/2020 @ 11:40 pm

      Hello,

      I understand people have concerns about 5G effects on human, but the comment about Coronavirus and 5G i simply not true.

      There are many commercial 5G networks already and the first 5G radio networks were launched in South Korea and within USA in Chicago and Minneapolis, not New York.

      Wuhan is not recognized as the 5G experimental hotspots… That would normally happen in Shenzhen, where most of Huawei operations are located.

      Finally, the 5G frequencies being used today are exactly the same frequencies used in 4G, not too different from the Wi-Fi frequencies. I would advise to be more concerned about the WiFi Hotspot in your house and where do you normally spend most of your time instead of being worried about current 5G networks.

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