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First on CNBC: CNBC Excerpts: T-Mobile CEO John Legere Speaks with CNBC’s Jim Cramer on “Squawk on the Street” Today

WHEN: Today, Wednesday, February 17th

WHERE: CNBC's "Squawk on the Street"

Following are excerpts from the unofficial transcript of a FIRST ON CNBC interview with T-Mobile CEO John Legere on CNBC's "Squawk on the Street" (M-F, 9AM-11AM ET) today, Wednesday, February 17th. Following are links to the videos on CNBC.com: http://video.cnbc.com/gallery/?video=3000494666, http://video.cnbc.com/gallery/?video=3000494667, http://video.cnbc.com/gallery/?video=3000494674 and http://video.cnbc.com/gallery/?video=3000494668.

All references must be sourced to CNBC.

LEGERE ON THE UN-CARRIER REVOLUTION

The biggest donator last year was AT&T. AT&T contributed to the benefit of the rest of us. 1.5 million losses on the…Now Sprint has been a kind of a long-term contributor of post-paid phones, lately they have had a small gain so all of them you know dumb, dumber and yellow contribute heavily to the un-carrier revolution.

LEGERE ON TIM COOK

He's in a really really difficult spot. I mean obviously what we've got is an unheralded situation where he is being requested to help authorities deal with the security of the device. We will see where it goes. I wouldn't know how to advise him but I understand both sides of the issue. I think its groundbreaking…We value security and privacy for our customers at the paramount basis. But the questions right now associated with national security and the horrific accident where 14 people were killed, I really don't know how to balance it.

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