Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Twin Cities
Tampa Bay news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa Bay
Charlotte news in your inbox
Catch up on the most important stories affecting your hometown with Axios Charlotte
Flickr cc
Despite all the speculation that T-Mobile and Sprint will give a merger another go under the Trump administration, T-Mobile CFO Braxton Carter indicated this week that joining forces with a cable company is a better strategy.
Speaking at a Deutsche Bank investor conference, Fortune reports that Braxton talked up the benefits of wireless-cable convergence, including "amazing monetization opportunities":
I really think it's a question of when, not if...How do you really create that national scale that's really important? I think that's why eventually we'll get to the point where convergence will become a reality. — T-Mobile CFO Braxton Carter
Between the lines: Softbank Group founder Masayoshi Son, who owns a majority stake in Sprint, is very eager to get a deal done three years after his last attempt was scuttled by regulators. While the regulatory environment has changed with the new administration, Carter said it's not a slam dunk, and any potential transaction would need to include a hefty break-up fee if it ended up being blocked—a major downside to T-Mobile, which knows a thing or two about break-up fees.