T-Mobile Fiber Pilot Will Have Limited Impact: New Street
T-Mobile’s fiber pilot in New York City (see 2108110056) likely won’t be a major growth driver for the already quick growing provider, but it shows the company “looking for different strategies to target broadband markets in different geographies,” New Street’s…
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Jonathan Chaplin told investors Thursday. T-Mobile is working with Pilot Fiber, a small provider serving about 600 buildings, he said. “The economics of wholesaling someone else’s infrastructure won’t be great, but it will help T-Mobile compete against cable and the incumbents where they are integrated, potentially helping retention and lowering churn,” he said: “We don't think this will be a major driver of value for T-Mobile,” but it “may help feed share gains in wireless.”