T-Mobile CEO John Legere will leave the company's top job after his contract expires April 30, 2020, T-Mobile announced today. Mike Sievert, T-Mobile's President and CEO, will replace Doctors as CEO on May 1
Doctors, who became CEO in September 2012, revived a struggling company and led the "Un-carrier" strategy that put T-Mobil as a customer-friendly alternative to the AT & T / Verizon duopoly. T-Mobile's Un-carrier move changed some of the punitive business practices that mobile carriers routinely inflicted on customers.
But Doctors & # 39; s T-Mobile also helped lead to making streaming video streaming gas a standard industry practice. T-Mobile was penalized by the federal government in 2016 for failing to adequately disclose speed and data restrictions on its "unlimited data" plans, and, like other operators, sold its customers' real-time location data to third parties. Doctors often offered better deals than competitors, but US wireless rates still rank among the most expensive in the world.
Doctors used a brash and combative style to promote T-Mobile, often offending major rivals AT&T and Verizon by calling them "Dumb" and Dumber. "In 2017, he said T-Mobile's scientific research found that Verizon was the" Dumber "part of that pair. Doctors will leave while T-Mobile attempts to complete the pending acquisition of Sprint, a deal that would reduce wireless competition in the United States and make T-Mobile about the same size as AT&T and Verizon.
Doctors helped T-Mobile and Sprint win Federal Communications Commission and Justice of Justice approval of merger, but companies still have to defeat a lawsuit filed by a coalition of state attorneys to complete the merger.
Doctors were in talks with WeWork to take the CEO job at that company, The Wall Street Journal reported last week, but Doctors disputed the news today, allegedly saying "I've never had discussions to run WeWork. "
Doctors led" complete transformation "
T-Mobile owner Deutsche Telekom gave Doctors high praise today.
" John Legere has had a huge successful run as CEO. As the architect of the Un-carrier strategy and the company's complete transformation, John has put T-Mobile USA in an incredibly strong position, "said Deutsche Telekom CEO Tim Höttges in the leadership change announcement.