T-Mobile (TMUS) CEO Offers Frank Commentary About M&A Rumors Into the New Year

Chatter on T-Mobile (NASDAQ: TMUS) has picked up today after CEO John Legere's released his 2016 predictions, which included the company being involved with M&A.

Prediction No. 6 from Legere was: "Consolidation rumors will continue."

He expects Dish (NASDAQ: DISH) to be "tap dancing in at least half of them" and said he's sure they will see at least 3 different versions of new M&A ideas and rumors in US Wireless this year, and he's sure T-Mobile will be in the middle of all of them. He said the reality is the industry will look incredibly different in a few years.

From his Post:

"OK, so not all of these are unexpected, but just because I know you are all thinking it – I’ll take this one head on! Rumors about consolidation in wireless will continue this year, and Dish will be tap dancing in at least half of them. I am sure we’ll see at least 3 different versions of new M&A ideas and rumors in US Wireless this year, and I’m sure T-Mobile will be in the middle of all of them! But the reality is that I am sure this industry will look incredibly different in a few years, one way or another, and no matter what happens T-Mobile will be positioned for success! We will continue to compete and win on our own and we’ll see how the market landscape changes over time. Enough said!"

In 2015, Comcast (NASDAQ: CMCSA), Dish Network and Carlos Slim-controlled American Movil were all rumored to be interested in buying T-Mobile. Of course nothing to this point has materialized. However, based on the CEO's comments, something will happen sooner rather than later.

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