Home
News
You are here

Is T-Mobile CEO Mike Sievert about to be ousted? Maybe, but not for the reason you think

By Anam Hamid

Published: Mar 23, 2025, 7:16 PM

4comments

We may earn a commission if you make a purchase from the links on this page.

It might be a tumultuous time for T-Mobile's loyal customers but the company is in great financial shape. An American multinational investment bank analyst believes that the company may not be able to maintain the stellar performance it delivered in the last quarter. This could potentially put CEO's Mike Sievert future at the company in jeopardy.

T-Mobile outperformed analyst expectations in the fourth quarter of 2024. It added 903,000 monthly phone customers and said it hoped to gain up to 6 million new monthly subscribers in 2025.

Citi's analyst Michael Rollins isn't so optimistic though. He believes that the company may not outperform its wireless rivals for much longer.

Cable companies are already eating into the market share of wireless providers and Comcast and Charter's rumored merger could make things worse for T-Mobile by directly affecting its revenue growth.

Commenting on Citi's analysis, CNBC's Jim Cramer raised a new possibility.

Yeah, I almost felt that it seemed like that the Germans maybe reasserting their control over it? So I wonder, is Sievert out. Is Mike Sievert out? I can’t tell. I don’t like that. If Sievert is out, you don’t wanna own the stock. He is the company... That would be very worrisome if that’s the case. I don’t want that.”

Jim Cramer, CNBC personality, March 2025

Cramer praised T-Mobile for gaining legions of customers over the past several quarters despite the economy being sluggish. However, he thinks that Citi's downgraded outlook for T-Mobile might indicate that the company's owners might part ways with Sievert.

Cramer has linked Citi's downgrade to a possible reassertion of control over T-Mobile by majority shareholder Deutsche Telekom. If this ends up happening, there will likely be many reorganizations within the company, and the restructuring may involve the ouster of Sievert.

Whether Cramer has firsthand knowledge of internal matters or is just speculating that Citi's downgrade was a result of internal changes is not known.

He signals that Sievert's departure from the company will not bode well for its future. While some T-Mobile customers may be happy to see Sievert go because of what they perceive as unfair decisions, the company has witnessed tremendous growth since he became CEO in 2020.

T-Mobile is the first company, not just in the US, but in the entire world, to roll out a nationwide 5G standalone (SA) network. The company was also the first to deploy satellite texting, though the service is in beta.

So while customers affected by price increases and other contentious decisions might be relieved to hear he might be let go, T-Mobile may not necessarily be better off without him.

Top 3 Amazon Spring Sale deals you should grab today:

$250 off (23%)

The Amazon Spring Sale lets compact flagship phone buyers save big on the Google Pixel 9 Pro. The 6.3-inch handset with 256GB of storage is a hit at $250 off, so don't miss out.

Buy at Amazon

$50 off (22%)

The Pixel Buds Pro 2 offer improved ANC, balanced audio, comfortable fit, and some AI features, thanks to their integrated Tensor chip. The best part about them? You can buy them at their best price this Amazon Spring Sale. Save $50 while you can!

Buy at Amazon

$70 off (47%)

Seeking an ultra-cheap tablet for casual entertainment? The Amazon Spring Sale gives you a huge 47% discount on the Lenovo Tab M9, making it the idea pick for your needs. It comes with a Folio Case.

Buy at Amazon

View Full Bio

Anam Hamid is a computer scientist turned tech journalist who has a keen interest in the tech world, with a particular focus on smartphones and tablets. She has previously written for Android Headlines and has also been a ghostwriter for several tech and car publications. Anam is not a tech hoarder and believes in using her gadgets for as long as possible. She is concerned about smartphone addiction and its impact on future generations, but she also appreciates the convenience that phones have brought into our lives. Anam is excited about technological advancements like folding screens and under-display sensors, and she often wonders about the future of technology. She values the overall experience of a device more than its individual specs and admires companies that deliver durable, high-quality products. In her free time, Anam enjoys reading, scrolling through Reddit and Instagram, and occasionally refreshing her programming skills through tutorials.