{"id":141218,"date":"2020-12-10T10:10:35","date_gmt":"2020-12-10T10:10:35","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=304386"},"modified":"2020-12-10T10:10:35","modified_gmt":"2020-12-10T10:10:35","slug":"t-mobile-chief-issues-mvno-warning-to-cable-ops","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/12\/10\/t-mobile-chief-issues-mvno-warning-to-cable-ops\/","title":{"rendered":"T-Mobile chief issues MVNO warning to cable ops"},"content":{"rendered":"

<\/p>\n

\tT-Mobile US CEO Mike Sievert (pictured) admitted to being surprised by a strong initial performance by MVNO services offered by cable operators, but played down their chances of maintaining momentum.<\/p>\n

Sievert told an investor conference he believes cable players are \u201chere to stay\u201d, with MVNO services \u201ca tool for their broader corporate ambitions” rather than a sector they would “mine massive amounts of money out of directly\u201d.<\/p>\n

Cable operators Comcast, Charter Communications and Altice USA garnered combined net additions of 568,000 for their MVNO services in Q3, leaving them with around 4.8 million users in total.<\/p>\n

Sievert said the additions were likely boosted by a decline in deactivations and a rise in home broadband business spurred by Covid-19 (coronavirus).<\/p>\n

But he cautioned the companies would face an inevitable trade-off, with higher customer numbers resulting in more churn and so making it “harder for them mathematically over time”.<\/p>\n

“Right now, they’re not really making money even with the kind of tailwinds of not having to face many deactivations. So it gets harder from here.\u201d<\/p>\n

Comcast reported a loss of $50 million for its mobile division in Q3, despite pulling in $400 million in revenue. Charter Communications’ loss stood at $88 million on revenue of $368 million.<\/p>\n\n

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T-Mobile US CEO Mike Sievert (pictured) admitted to being surprised by a strong initial performance …<\/p>\n

The post T-Mobile chief issues MVNO warning to cable ops<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":245,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"T-Mobile chief issues MVNO warning to cable ops - ITTeacherITFreelance.hk","description":"T-Mobile US CEO Mike Sievert (pictured) admitted to being surprised by a strong initial performance ... The post T-Mobile chief issues MVNO warning to cable ops"},"footnotes":""},"categories":[11,8],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/141218"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/245"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=141218"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/141218\/revisions"}],"predecessor-version":[{"id":141219,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/141218\/revisions\/141219"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=141218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=141218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=141218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}