Sunday, November 17, 2019

Legere Needs to Stay at T-Mobile


In other news this week, WeWorks, controlled by SoftBank, was rumored to be courting T-Mobile’s CEO, John Legere, to be its new CEO.  SoftBank currently is the majority shareholder in Sprint, the company merging with T-Mobile in early 2020, if a settlement with 15 states trying to block the merger is reached.  In the twists and turns of the T-Mobile-Sprint merger, Marcelo Claure, who is the executive chairman of Sprint, is also the COO of SoftBank.
 
The attractiveness of Legere to be the savior of WeWorks makes sense.  His success in elevating T-Mobile to the 3rd largest wireless carrier in the U.S. with his eccentric and “make it happen approach” is undisputable.  But, if T-Mobile is going to get through the court case with the states AND live up to all its promises to the federal and state agencies, it needs Legere at the helm.  No ands, ifs, or buts.

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