FRANKFURT, June 9 (Reuters) - The head of T-Mobile U.S ( TMUS ).
, the fast-growing and profitable subsidiary of
Germany's Deutsche Telekom, is due to step aside
before the end of his current contract, German newspaper
Handelsblatt reported on Monday.
Deutsche Telekom did not immediately respond to a request
for comment on the report.
Handelsblatt reported Mike Sievert, who has headed the
mobile operator since 2020, wanted to take a break and that
Chief Operating Officer Srini Gopalan, until recently head of
Deutsche Telekom's Germany business, was a leading candidate to
succeed him.
The chief executive would step down this year or next, the
newspaper added.
Previously facing troubles, T-Mobile has become a revenue
and profit driver in recent years. Thanks to strong figures from
the U.S. mobile operator, Deutsche Telekom has raised its
earnings targets several times.
T-Mobile U.S ( TMUS ). customer growth fell short of expectations at
the beginning of the year due to an intensified price war. The
subsidiary nonetheless aims to win 5.5 to 6 million new users by
2025.
Sievert, who joined T-Mobile as marketing head in 2012, had
been due to remain in post until 2028.
(Writing by Thomas Escritt;)