T-Mobile’s next move could be devastating for AT&T and Verizon T-Mobile CEO John Legere hinted that his company was about to make a**ther big splash in the wireless industry and if this report from TmoNews is accurate then he wasn't kidding. An unnamed source tells TmoNews that T-Mobile is planning an initiative that would pay off subscribers' early termination fees if they switch from a rival carrier to T-Mobile. Specifically the source said that the company is planning "a project codenamed 'Houdini' which will give switchers up to $350 in credit when they switch to TMO" with a particular emphasis placed "on families switching up to 5 lines regardless of contract end dates."