T-Mobile CEO Mike Sivert might be let go before end of contract as company purses new strategy
German outlet Handelsblatt reports that Deutsche Telekom, the German telecommunications company that has the largest stake in T-Mobile, is looking to reorganize its "most important" subsidiary and may hand the reins over from CEO Mike Sivert to Chief Operating Officer Srini Gopalan.
T-Mobile is in the midst of change, with the focus changing from growing customer volume to premium pricing and expansion of fiber footprint, and Gopalan, who was transferred from Germany to the US, is said to be the driving force behind the change. The report seems to indicate Sievert was a part of the decision making process. Apparently, the current CEO wants to take a break and intends to put his successor in charge of the change that's underway. Sievert has been CEO since 2020 and his contract runs through 2028.Handelsblatt says Sievert will part ways with the company either this year or next.
T-Mobile has declined to comment on this rumor but says that Sievert "loves his job." The company told Fierce Wireless that the CEO is excited about its multi-year "Challenger to Champion" strategy. This seems to indicate that Sievert is going to stick around for longer than Handelsblatt expected. However, T-Mobile has also expressed enthusiasm about having Srini on board, so it's hard to say anything with certainty.
— T-Mobile spokesperson, June 2025 T-Mobile has emerged as a 5G leader and Sievert helped the company increase its market share and set a new market cap record for wireless providers. If he steps down now, investors might not like it, according to the head of Telecom Equity Research at BNP Paribas Exane, Sam McHugh. That said, there were similar concerns when former CEO John Legere stepped down and Sievert took over but shares have risen 75 percent since then.
While Sievert was key to the Uncarrier movement, Gopalan might be better suited for the task that lies ahead, which is convergence or the bundling of wired and wireless services.
—Sam McHugh, head of Telecom Equity Research at BNP Paribas Exane, June 2025 A March report had indicated that T-Mobile might not be able to maintain its growth streak and this might cause its parent company to replace him.
We believe that Sievert's departure might also help the company distance itself from some of the decisions taken during his era, such as the removal of price lock guarantee and price hikes, and rebrand itself as a premium carrier. Switch to Total 5G+ Unlimited 3-Month plan or Total 5G Unlimited and get a free iPhone.
We may earn a commission if you make a purchase Buy at Total Wireless
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Phone Arena
a day ago
- Phone Arena
Fresh leak confirms Fairphone 6 comes with two-part backplate
Fairphone 6 is a true modular phone | Images credits: Beyond that, this is just a Receive the latest Android news By subscribing you agree to our terms and conditions and privacy policy Fairphone 6 achieves Class A for repairability and durability | Image credit: Fairphone 6 is a rather compact device, which is why it sports a 6.31-inch LTPO-based P-OLED display with 1 to 120 Hz dynamic refresh rate. Due to the modular aspect of its chassis, Fairphone 6 is not waterproof, but it does feature IP55 certification, which makes it dust- and splash-resistant. One very important aspect about Fairphone 6 is that it achieved Class A for both repairability and durability. No confirmed release date is available yet, but rumor has it Fairphone 6 should be launched in Europe on June 25. The phone will be available for purchase for €550. Fairphone 6 is a rather compact device, which is why it sports a 6.31-inch LTPO-based P-OLED display with 1 to 120 Hz dynamic refresh rate. Due to the modular aspect of its chassis, Fairphone 6 is not waterproof, but it does feature IP55 certification, which makes it dust- and very important aspect about Fairphone 6 is that it achieved Class A for both repairability and durability. No confirmed release date is available yet, but rumor has it Fairphone 6 should be launched in Europe on June 25. The phone will be available for purchase for €550. Beyond that, this is just a mid-range phone just like the previous models. For example, Fairphone 6 is expected to pack a Qualcomm Snapdragon 7s Gen 3 processor, coupled with 8 GB RAM and 256 GB of internal storage (expandable up to 2 TB via microSD slot).The 4,415 mAh battery might be rather small by today's standards, but Fairphone 6's advantage is that it can be easily replaced with a new one. It's also worth noting that the phone's battery supports 33W wired charging speeds. More importantly, Fairphone 6's battery is apparently rated for at least 1,000 charging cycles, while its life is claimed to be around 53 hours. Grab Surfshark VPN now at more than 50% off and with 3 extra months for free! Secure your connection now at a bargain price! We may earn a commission if you make a purchase This offer is not available in your area. Fairphone 6 is the next modular smartphone from the Dutch company with the same name. The device features the same rectangular form factor as its predecessors but adds a bit more customization into the the title says, Fairphone 6 was rumored to come with a two-part backplate , which owners can customize. New pictures showing the phone from all angles have been recently shared by , thus confirming what started as phone will be available in Horizon Black, Forest Green, and Cloud White, but the backplates will also be available separately so that customers can create different combinations. This is the Fairphone 6's 'shtick' and possibly one of its main selling points.
Phone Arena
a day ago
- Phone Arena
Rumored T-Mobile change will be a double-edged sword for customers
New devices can be expensive, which is why many people finance their purchases through carriers. The downside to that is that customers can't leave their telecom company before paying off their device. For T-Mobile users, the installment plans are usually spread over 24 months but the company may extend the duration in the future. T-Mobile 's 24-month installments are known as "Equipment Installment Plans" or EIPs. AT&T and Verizon both switched to 36-month installment plans around four years back and now, T-Mobile is gearing up to follow suit. Apparently, T-Mobile briefly increased the duration of the installment plan for some Samsung Galaxy watches before reverting the change. T-Mobile was briefly offering longer installment plans. | Image Credit - The Mobile Report Per The Mobile Report , that wasn't a glitch. According to a leaked internal document, T-Mobile is contemplating introducing 36-month EIPs for at least some devices. The longer installment plans may only be for select plans. The new policy may violate the "New in Two" guarantee that some plans offer to make it easy for customers to upgrade every two years. For now, it looks like the change has been delayed. However, given that it went live for a while, we might see it implemented soon. Revising installment plans to stretch over 36 months instead of 24 would allow T-Mobile to retain customers for longer, thereby reducing churn, which is an industry-wide concern. For customers, this would mean being beholden to the company for a year longer. A policy introduced last year already made it less enticing for customers to pay off their devices early and relieve themselves of the obligation to stick with the company for a long time. That said, longer installment terms may not necessarily be viewed as an anti-customer move, as payments will be spread over a longer period. For customers not thinking about leaving in the future, this would mean smaller payments every an average American keeps their smartphone for more than 2.5 months, so a 36-month installment plan might be a better idea. Either way, T-Mobile will once again have to eat its words and go against its statement about giving customers the freedom to upgrade to a new device every two years. Switch to Total 5G+ Unlimited 3-Month plan or Total 5G Unlimited and get a free iPhone. We may earn a commission if you make a purchase Check Out The Offer
Phone Arena
a day ago
- Phone Arena
T-Mobile just did something Verizon and AT&T haven't (yet)
In 2023, mobile operators across North America bought 16 terawatt-hours (TWh) of renewable electricity – nearly half of their total usage. But only one matched 100% of its electricity with renewables: T-Mobile . That clean energy push helped T-Mobile slash its operational emissions by 90% between 2019 and 2023. North American operators as a whole cut emissions by 44% during that time, with T-Mobile leading the charge. In fact, North America contributed the biggest share of global net reductions over that period. Sustainability might be the next battleground for US carriers North America contributed the biggest share of global net reductions. | Image credit – GSMA US carriers love to compete – and now, the race is on to be the greenest, too. That kind of rivalry can only be a good thing for the planet. T-Mobile is currently leading on renewables, but AT&T and Verizon are clearly pushing forward as well, which could keep the pressure high. Still, the clock is ticking. Hitting net zero targets won't just require more clean energy – it's going to take faster action across the board. For example, while power sourcing is improving, fleet vehicles remain a major source of emissions – especially in the US. Operators here rely more on cars and trucks than in other regions, making fleet electrification a key area for future gains. I'm all for environmental progress and seeing US carriers take it seriously is a big deal. But whether they can keep up the pace – or even speed it up – is the real question. I mean, with AI now in the mix, the challenge might grow faster than expected. Global data center electricity use jumped 50% between 2019 and 2023, with AI demand being a big driver. That trend is not slowing down. The irony of it all? AI might also be part of the solution. It could help networks manage demand more efficiently – like turning off unused sections in real time. So yeah, we'll see how that plays out. If the momentum sticks, great. If not, these early wins could be short-lived.
