T-Mobile wants to expand coverage and lower prices with 5G

Give me an update on what T-mobiles vision for 5G is going to look like particularly on the device side like what kind of devices what kind of phones I'm assuming there are perks I'm assuming there are phones but whats that going to look like? Why don't you start We belive 5G is about mobility and thats the thing we think AT&T and Verizon are missng they are investing in these hotspots oriented with milimeter waves Where you're gonna gotta [INAUDIBLE] of 5G coverage in sporadic areas in parts of certain cities. Our view is that 5G should be everywhere nation wide, we are the only committed to have nationwide 5G by 2020. So that's a big deal, we will also have phones in the first half of next year so we are committed to having a mobility strategy G around 5G. Now that's T-Mobile as a stand-alone company, mobility, nationwide coverage, and fast. But the second thing that's important is, as we come together with strength, we will be able to create a capability that's not just national, which stand-alone T-Mobile can do. But that has that kind of broad and deep 5G technology that Americans will only get When we come together with Sprint and that's because of the spectrum assets that the two companies have and how synergistic they are. We're gonna have speeds that are 15 times today's average speed by 2024. That' an average nt these theoretical claim the marketing people have but an average. Right, an average of 450 megabytes per second nationwide with maximum speeds exceeding 4 gigabytes in some spaces, so this is game changing for Americans, and it's something we're really excited about>> It's just an important point you make about the kind of variance speeds up, because you guys are using a combination of different spectrum, some places are gonna have super, super fast speeds. Some less so? I talked to Verizon. They do kind of pooh-pooh your plan because it's not true 5G in the sense that it's not crazy fast speeds all the time. It does vary widely though? Well that's ironic, because they're the poster children for varying widely. They're gonna have extremely fast speeds in certain areas if you stand outside- I think about the size of this microphone. With a puck and have your hand in the Air. This is about mobility and it's about having incredible experience everywhere and you think about the new T Mobile combined with sprint. The idea that 90% of Americans with this combined coverage 90% will have 100 megabits or faster that's enough for six simultaneous 4k video streams on your phone. That should do the job. But I think is important point, right? Because the 450 that you talked about that was the average speeds and yes, like Verizon would say, in some geographic areas, we're going to have, you know, multi gig speeds, right? And I think let's remember our portfolio of spectrum that we will deploy for 5G will include millimeter wave. Not just that we already have and are deploying, but the auctions are deploying and we plan to participate and be aggressive. You're gonna need all spectrum bands to participate in 5G and strangely up until recently, both Verizon and AT&T were talking purely About very small geographic area millimeter away deployment fixed broadband replacement. And one of the things that we've been very loud on in the efficacy of our virtual mispread is that this country needs something different in [UNKNOWN] Something that we can't do alone, that [UNKNOWN] can't do alone that [UNKNOWN] are doing. But then we can do Together it's very critical. So that what you've noticed lately, I think, is Verizon is changing and adapting their message to the pressure that we've not only put on them as T-Mobile, but the vision that we're putting forth for the country in 5G. And yeah, talk a little about that merger with Sprint and ultimately, what is that gonna mean. I know you can't talk too much about the merger but, speaking to Sprint customers who may theoretically become T-Mobile customers, what is their experience gonna look like? How's it gonna change over the next few years as these two companies get together? Yeah I mean first, what we've been doing, and yeah you've heard, we've been very loud in stating why this merger There's important but very quiet from a standpoint of the process that's going on in Washington and around the country on reviewing the Senate. And I've committed, we've committed to participate quietly and solidly in those procedures. However, in addition to the message about five Which is critical for us critical for the country in the capabilities that we can both deploy what we're going to be able to do to supercharge the uncarrier and what we're going to be able to do to innovate and in home broadband and what going to be able to do to deploy not just speeds but new services and capabilities and what we're going to be able to do to deploy more jobs. The whole message is something that we are very confident. Fit as Regulators view how good this is for competition the country that the deal will be approved now customers and employees of Sprint. I would anticipate are equally as excited about this because in that Vision you will see capability. That Sprint customers will be able to take advantage immediately I don't know if you wanna talk some about that as well. Customers what they want is so simple, they want better prices and they want a better network. And that's what they are gonna get, if you think about what this combined company is able to do is have seven times the capacity overall of today's combined T Mobile and Sprint if you added up all the capacity the two companies have today, seven times the current combined Pricing flows from capacity, and so with that kind of capacity we're gonna be able to afford, as well as after $43 billions of synergies, we're gonna be able to afford to give Americans network service and wireless services at lower prices than they've ever seen before. And that's exciting, I mean that's a breakthrough for American consumers