T-Mobile Is Taking on Big Cable
T-Mobile (NASDAQ: TMUS) has decided to disrupt another industry. The company that forced its wireless phone rivals to abandon long-standing practices including contracts and overages will launch its own television service in 2018.
As part of its plan to bring its "Un-carrier" way of thinking to the television business, the company has purchased Layer3 TV Inc. T-Mobile CEO John Legere sees the cable industry in a similar way to how he views his wireless competitors.
"People love their TV, but they hate their TV providers. And worse, they have no real choice but to simply take it -- the crappy customer service, clunky technology, and outrageous bills loaded with fees," he said in a press release. "That's where we come in. We're gonna fix the pain points and bring real choice to consumers across the country."
Source: Fool.com
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