He literally left the very day T-Mobile and Sprint merged. Everything he did up to that point was to make sure the value of the company was really high, and that the merger was completed. He did it and collected a huge bounty based on the new company value. His contract also ended on that same day. He's just chillin' on his yacht now.
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T-Mobile Sued for Breaking Lifetime Price Guarantees
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Recently on my work phone I switched over to Visible network, $25 a month 50 gigs of data then deprioritized, 50 gigs of hotspot at 5 Mb. Great for a single phone plan. 
Why didn't he renew it? and was that an option given by the board / etc? Who had the major say on it as an investor anyway during that time?
Wow first I’m hearing about this and I’m a t-mobile customer. Must have missed that email.
Still shopping around for a new plan. I just got back from overseas and shocked at how cheap cell plans are in some countries compared to the US. I had a 5G unlimited monthly plan going for equivalent of $20, paying around $60 here for the same with t-mobile
Still shopping around for a new plan. I just got back from overseas and shocked at how cheap cell plans are in some countries compared to the US. I had a 5G unlimited monthly plan going for equivalent of $20, paying around $60 here for the same with t-mobile
Wow! That would never be tolerated in the UK but I guess we have super strong consumer rights. What were they thinking??
Can’t wait for T-Mobile being forced by the court to reverse their price increase and pay back the extra money they and their shareholders squeezed out of us. It could happen given the shenanigans they did in 2017 with their deceptive advertising. They could’ve mentioned that they didn’t really mean it when they said they would never raise our prices and only we could change the price we paid by changing our plan. Not a word (small print) that they could change the price and all they would be responsible for would be paying the final bill. Very deceptive T-Mo and definitely worth a lawsuit attempt.
Having worked in this industry - not sales, they all are guilty of some phugery.
I’ve had my plan forever. ~$135 after taxes and fees for 4 lines with unlimited EVERYTHING, including tethering. Hasn’t changed in years. 🤷🏻♂️
You can opt out of any class action lawsuit and sue by yourself.
Yes, us too. We've been with T-Mobile since they were originally VoiceStream and have been on the Magenta 55+ with 4 lines for quite a while. So far, we haven't seen a change.
I think the fact that the _only_ alternative to accepting their breach of promise requires the customer to completely cancel their service will give the plaintiffs significant leverage in negotiating a larger settlement.
That tiny fine print wasn’t even included in their 2017 advertising. Of course it makes sense to exclude it. How could T-Mobile have deceived potential customers with the promise of never raising prices if they had included the fine print that actually they can raise prices, but they’ll pay the final bill as “compensation” for their treachery. I think this lawsuit has a fair chance of succeeding based on the facts.
I wonder when Tim will decide to chill on his yacht.
There are lots of choices: Sub-brands such as Cricket and Visible, MVNOs such as Spectrum, Consumer Cellular and Walmart Family Mobile, and greenfield operators such as Dish, to name just a few.
In fact, the market is so saturated and competitive that mobile operators have no pricing power, so they're sweating how to recoup their 5G spectrum and infrastructure investments. IoT and residential broadband aren't driving the new revenue that they expected and need.
As far as I understand it, he was scheduled to leave earlier, but the merger was delayed another half year so he technically left later than normal. And I think it's safe to assume he was always just a hired gun to artificially inflate the value of the company in order to get a massive financial payout event for investors.
Agreed.well, that was only a question of time ... and I guess the time has come
T-Mobile USA's merger should've kept Legere as CEO. When he was written out for thr merger I believe he led they screwed the pooch.
Not by his choice but that merger with Sprint I think forced him out. The board saw him as a cash crown killer. Little did they know.
I'm curious what their churn rate is before him leaving, after and with these price increases and finally if the class action suit wins what will it be then.
Overall historically a great provider ans company, especially during the Ngage QD and SideKick era.
Ps: I'm bios as a 3rd part L2 contractor for Cx support waay back then (2008). don't get me wrong they screwed their employees and contractors then as well as the customers.
I can tell you, globally, nobody is as bad as Rogers Communicatiins Inc here in Canada. Absokutrly nooobudy!
Any cost will simply get passed onto the customer.
You sure do have strong consumer right laws. Monopoly and lobbying prevents anything to favor much for the consumer here in the USA.
I got $15/month “unlimited” lifetime plan with Panda Mobile (T-mobile network). Fast speed up to 30GB, then 128kbps unlimited. I heard earlier users got for $10/month. Price include taxes and fees.
Prices should come down with time so for T-Mobile to honor a $40/month plan shouldn’t be difficult.
I guess they need to push the stock price short term to claim those bonuses.
Prices should come down with time so for T-Mobile to honor a $40/month plan shouldn’t be difficult.
I guess they need to push the stock price short term to claim those bonuses.
A marketing statement is one thing. What does the actual service contract say?