- The long-planned merger between wireless rivals T-Mobile and Sprint finally became official on Wednesday.
- As part of the merger, T-Mobile’s CEO John Legere is leaving his post a little early, though he will remain a board member of the combined company through this summer.
- The merger produces a stronger No. 3 wireless industry player that’s poised to give AT&T and Verizon more of a run for their money.
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One of the biggest and longest-running stories in the mobile industry finally comes to something of a close today. T-Mobile announced on Wednesday the completion, at last, of its merger with Sprint that creates a combined wireless carrier with more than 100 million customers in a deal valued at more than $31 billion.
The merger creates a new and resurgent No. 3 player behind AT&T and Verizon and has also spurred T-Mobile’s brash, bombastic CEO John Legere — who’s had the job since 2012 — to step down early and hand the reins over to T-Mobile’s former COO Mike Sievert, though Legere will stay on as a board member through the company’s annual shareholders meeting in June.
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Today’s the day: T-Mobile and Sprint finally unite, CEO John Legere steps down originally appeared on BGR.com on Wed, 1 Apr 2020 at 10:59:39 EDT. Please see our terms for use of feeds.
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