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T-Mobile appoints Srini Gopalan as new CEO to navigate competitive U.S. telecom market

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T-Mobile announced that insider Srinivasan “Srini” Gopalan will become CEO on November 1, succeeding Mike Sievert, as the company sharpens its strategy to maintain 5G leadership in a crowded U.S. wireless market.

The transition comes amid slowing subscriber growth, heightened competition, and more price-sensitive consumers. T-Mobile has leaned on aggressive promotions, bundled perks, and streaming partnerships to gain share, rising to become the nation’s second-largest wireless carrier behind Verizon during Sievert’s tenure.

Sievert, who took over in 2020 after T-Mobile’s $26 billion merger with Sprint, will move to the newly created role of vice chairman, advising on long-term strategy, innovation, and talent development. His leadership saw T-Mobile outperform both AT&T and Verizon in stock performance.

Gopalan, currently T-Mobile’s COO, brings deep telecom and financial expertise, with past leadership roles at Vodafone, Capital One, Bharti Airtel, and most recently as CEO of Deutsche Telekom Germany, where he doubled growth and expanded the fiber business. Analysts, including MoffettNathanson’s Craig Moffett, said the handover is expected to be smooth, with little disruption to performance.

When asked about future M&A activity, Gopalan stressed that T-Mobile’s focus will be on spectrum investment and fiber expansion rather than new consolidation moves.

This change marks a pivotal moment as T-Mobile works to protect its 5G advantage and balance growth in both postpaid and prepaid markets amid shifting consumer dynamics.

T-Mobile US CEO Mike Sievert Expected to Step Down Early, COO Srini Gopalan Poised to Succeed

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Mike Sievert, CEO of T-Mobile US — the fast-growing and profitable U.S. arm of Germany’s Deutsche Telekom — is reportedly set to leave his post before the end of his current contract, according to German newspaper Handelsblatt on Monday.

Sievert, who has led the company since 2020 and was originally expected to remain CEO until 2028, is said to want to take a break. Handelsblatt identified Chief Operating Officer Srini Gopalan, formerly head of Deutsche Telekom’s Germany business, as the leading candidate to succeed him.

The CEO transition is expected to take place sometime this year or next. A T-Mobile US spokesperson declined to comment on the reports, noting Sievert’s passion for his job and highlighting the excitement over Gopalan’s recent appointment as COO to leverage his experience in the U.S. market.

Deutsche Telekom had not yet responded to requests for comment.

Despite earlier challenges, T-Mobile US has become a key revenue and profit engine for Deutsche Telekom, prompting the parent company to raise earnings targets multiple times. However, early 2025 saw slower-than-expected customer growth amid intensified price competition. The subsidiary still targets adding between 5.5 and 6 million new customers by the end of 2025.

Sievert originally joined T-Mobile in 2012 as head of marketing before ascending to CEO.