T-Mobile Ends DEI, Faces Criticism and Stock Drop
T-Mobile Ends DEI, Faces Criticism and Stock Drop

T-Mobile Ends DEI, Faces Criticism and Stock Drop

News summary

T-Mobile US has dismantled all diversity, equity, and inclusion (DEI) programs, eliminating related roles, teams, and references from its operations and communications. The move comes as T-Mobile seeks FCC approval for two major transactions: a $4.4 billion acquisition of United States Cellular’s wireless operations and a $4.9 billion joint venture with KKR to acquire Metronet. The decision followed pressure from the Trump administration and mirrors similar actions by Verizon. FCC Chair Brendan Carr, a Trump appointee, praised T-Mobile’s action, while Democratic Commissioner Anna Gomez criticized it as a ploy to influence regulatory approval. Employees formerly in DEI roles will be reassigned to HR positions focused on culture and engagement. T-Mobile’s stock declined after the announcement, reflecting investor concerns about the company’s direction.

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Left 56%
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Center
1
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3
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Last Updated
27 min ago
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56% Left
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