Two-way bet

13 December 2017 By Robert Cyran Follow @rob_cyran

The wireless carrier has prospered despite failed merger bids from AT&T and Sprint with customer-friendly policies and price cuts. Now it seeks a repeat in pay-TV. Cable companies are disliked, creating an opening, but their control of the last mile may mean a different endgame.

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T-Mobile US said on Dec. 13 that it had agreed to buy internet TV provider Layer3 TV for an undisclosed amount and would launch a new television service in 2018.

Layer3 TV offers bundles of high-definition TV channels starting at $75 a month in five U.S. cities.

“You either overpay for traditional TV and all the bullshit that comes bundled with it, or you spend weeks MacGyvering content from different sources,” T-Mobile US Chief Executive John Legere said in a video announcing the deal. “Well, I’m here to announce today that we are putting an end to that.”

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