Sunday, 29 April 2018

T-Mobile and Sprint have agreed to merge

After rumors began circulating this month claiming that T-Mobile and Sprint were in merger talks for the third time, the two companies today announced that they've agreed to merge.

The combined T-Mobile-Sprint will simply be known as T-Mobile. Current T-Mobile CEO John Legere will serve as CEO of the new company, while T-Mo COO Mike Sievert will be the President and COO. Deutsche Telekom CEO Tim Höttges will serve as Chairman of the Board of the new T-Mobile, while SoftBank CEO Masayoshi Son and Sprint CEO Marcelo Claure will also serve on the board.

The new T-Mobile will be headquartered in Bellevue, WA, where T-Mobile is currently headquartered. A second headquarters will be located in Overland Park, KS, where Sprint is currently headquartered.

More to come...

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