Yes, T-Mobile Really Is Outperforming Verizon and AT&T: Here's Why, and by How Much
At first blush, recent comments from Mike Sievert just seem like more of the same bombastic chatter we've come to expect from a T-Mobile (NASDAQ: TMUS) chief executive. Former CEO John Legere began his trash-talking shortly after taking the helm back in 2012, and he didn't let up until he retired in 2020. So current CEO Sievert's statement last week that "we're outperforming this whole sector on growth" isn't particularly unusual language for long-term T-Mobile shareholders to hear.
The thing is, it's not just self-aggrandizing talk meant to draw attention to his company. T-Mobile really is outperforming rivals Verizon Communications (NYSE: VZ) and AT (NYSE: T) in several ways, including the one that matters the most. And its new dividend payments are going to be well supported.
The statement was made shortly after Sievert's presentation at Goldman Sachs' annual Communacopia and Tech Conference last week -- a presentation which included the announcement of T-Mobile's first-ever dividend. In an interview with Yahoo! Finance's Brian Sozzi, Sievert justified that decision by reminding investors:
Source Fool.com
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