Market Overview

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

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

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!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Lean Hog Futures Little Higher

Live Cattle Futures Trading Lower