T-Mobile US Sees Broadband, AI Growth as CFO Osvaldik Plans 2027 Retirement

T-Mobile US executives said the company sees continued growth opportunities in wireless, broadband, business services and newer adjacencies, while maintaining that potential competitive threats from satellite providers and industry convergence offerings have not altered its strategy. Speaking at Citi’s communications and infrastructure conference, Chief Financial Officer Peter Osvaldik also discussed his planned retirement at the end of his contract in mid-2027. Osvaldik said he had first discussed stepping away from corporate work about three and a half years ago and wants to focus on family and philanthropy. Osvaldik said the company extended his tenure by a year during its CEO transition and that he believes the business is positioned for its next phase of growth. He said his successor, Jessica, brings capital-allocation experience, operational leadership experience from GE Vernova and a focus on artificial intelligence adoption. No last name was provided during the discussion. Growth outlook centered on network and broadband Osvaldik said T-Mobile’s strategy remains focused on delivering network quality, value and customer experience. He identified “network seekers” as a key opportunity, estimating there are roughly 20 million consumer-family and business accounts for which network quality is the primary reason for selecting a wireless provider. The company also sees room to expand in smaller and rural markets. Osvaldik said those markets represent about 40% of the U.S. population, while T-Mobile’s share in those areas was approximately 24%, including the impact of the UScellular acquisition. T-Mobile continues to target business and government customers through its T-Mobile for Business unit. Osvaldik cited a recent deployment with the PGA as an example of how network slicing and quality-of-service capabilities can address operational needs beyond basic connectivity. Broadband remains another major growth area. Osvaldik said T-Mobile has grown its broadband base to nearly 10 million subscribers over the past five to six years, with fixed wireless representing the largest portion. The company has guided for 15 million 5G broadband subscribers and 3 million to 4 million fiber subscribers by 2030. Chief Commercial Officer André Almeida said fixed wireless and fiber should be viewed as complementary offerings rather than competing products. He said fiber customers can free fixed-wireless capacity for additional subscribers in other areas, while the company evaluates fiber investments based on expected shareholder returns rather than a target number.