Strategic Leadership Transition and Strong Performance Justify Buy Rating for T-Mobile USWe believe this transition has been well telegraphed by the management team including at our conference on September 10th, where Mr. Sievert noted that Mr. Gopalan moved to the US as part of the company’s succession planning. We do not expect T-Mobile (TMUS, Buy) stock to move materially as a result of this headline, however, we note the company did not explicitly reiterate guidance as part of the press release, though near-term trends post-iPhone launch appear strong. The company also extended CFO Peter Osvaldik’s employment through July 1, 2027 which should assist in management continuity. The iPhone 17 cycle is performing well with T-Mobile’s iPhone activations, preorders, and switchers up DD% yoy since launch, which we view as a positive read-through for Apple (AAPL, Buy). MAIN Srini Gopalan to replace Mike Sievert as CEO. T-Mobile announced this 1.