Market Overview

Shots Fired! T-Mobile CEO Takes Wireless Wars To Twitter

Share:
Shots Fired! T-Mobile CEO Takes Wireless Wars To Twitter
Related T
Apple, Amazon, Tesla And The Changing Dynamics Of The Car Industry
Federal Prosecutor: DirecTV Owes Customers Nearly $4 Billion For Deceptive Ads
This Company Wants To Secure Your Home With Phones And Drones (Investor's Business Daily)
Related
Apple, Amazon, Tesla And The Changing Dynamics Of The Car Industry
Move Over Verizon, T-Mobile Is The New Top Mobile Network

T-Mobile US Inc (NASDAQ: TMUS)'s CEO John Legere and President Donald Trump have much in common: both have never shied away from using Twitter Inc (NYSE: TWTR) to send their message to the people, and yes — attack rivals and foes.

Legere even acknowledged in an interview with Fortune that T-Mobile's corporate lawyers said it was a terrible idea for him to tweet, but that hasn't stopped him from unleashing tweetstorms in the past.

Following T-Mobile's third-quarter earnings report back in October, 2016, Legere couldn't help but boast how his #uncarrier strategy is "winning" and the T-Mobile brand is "stronger & healthier than ever and you know #WeWontStop!"

Anyone who follows Legere knows what happens when one of T-Mobile's peers report a poor earnings results.

AT&T Reports Q4

AT&T Inc. (NYSE: T) reported that it earned $0.66 per share in the fourth quarter on revenue of $41.8 billion, which was down from $42.1 billion in the same quarter a year ago. Wall Street analysts were expecting the company to earn $0.66 per share on revenue of $42.04 billion.

Net income also fell to $2.4 billion from $4.0 billion a year ago.

Legere's tweet on Wednesday characterized AT&T's report as a "mixed bag of bad" with service revenue down year-over-year, total revenue down year-over-year and postpaid metrics down.

jlegere.png

In a follow-up tweet, the CEO suggested that AT&T's report is full of "#ATTAlgebra to hide losses & it makes no sense." He even encouraged Twitter followers to use "#ATTAlgebra" to "figure out the REAL postpaid subscriber losses." The first person to do so wins a prize.

legere.png

Legere also made a call to AT&T's customers to switch to his platform.

After a Twitter use stated that they switched to AT&T and is happy with the service, Legerge responded: "Come to @TMobile! Nobody needs the #DeATThStar."

Posted-In: Donald Trump Fortune John LegereEarnings News Tech Media Trading Ideas Best of Benzinga

 

Related Articles (T + TMUS)

View Comments and Join the Discussion!