T-Mobile Fiber Pilot Will Have Limited Impact: New Street

T-Mobile’s fiber pilot in New York City (see 2108110056) likely won’t be a major growth driver for the already quick growing provider, but it shows the company “looking for different strategies to target broadband markets in different geographies,” New Street’s Jonathan Chaplin told investors Thursday. T-Mobile is working with Pilot Fiber, a small provider serving about 600 buildings, he said. “The economics of wholesaling someone else’s infrastructure won’t be great, but it will help T-Mobile compete against cable and the incumbents where they are integrated, potentially helping retention and lowering churn,” he said: “We don't think this will be a major driver of value for T-Mobile,” but it “may help feed share gains in wireless.”