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T-Mobile completes merger with Sprint, John Legere steps down as CEO

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T-Cell formally owns Dash. The merger was formally completed at the moment after clearing quite a few authorized hurdles over the past yr, together with a Division of Justice overview and lawsuits from quite a few states. The mix turns america’ third and fourth largest wi-fi carriers into a much more substantial third place competitor to Verizon and AT&T.

With the businesses mixed, John Legere can also be stepping down as CEO of T-Cell. T-Cell is now being led by Mike Sievert, who was beforehand the corporate’s COO. Legere led a dramatic turnaround of T-Cell after approaching board in 2012, turning it from a distant fourth place into an organization able to shopping for Dash and pushing round bigger opponents.

Legere will stay on T-Cell’s board by June 2020. T-Cell introduced final yr that he can be stepping apart as soon as the merger wrapped up.

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