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Sprint Corporation and T-Mobile US merged in 2020 in an all shares deal for $26 billion. The deal was announced on April 29, 2018. [1] [2] [3] After a two-year-long approval process the merger was closed on April 1, 2020, [4] [5] [6] with T-Mobile emerging as the surviving brand. The Sprint brand was discontinued by T-Mobile on August 2, 2020.
T-Mobile US. T-Mobile US, Inc., often shortened as T-Mobile, is an American wireless network operator headquartered in Bellevue, Washington, U.S. [6] Its largest shareholder is multinational telecommunications company Deutsche Telekom AG, a German company headquartered in Bonn, Germany.
Sprint Corporation. Sprint Corporation was an American telecommunications company. Before being acquired by T-Mobile US on April 1, 2020, it was the fourth-largest mobile network operator in the United States, serving 54.3 million customers as of June 30, 2019. [3]
Claure sold the company to join Sprint in 2014, serving as Sprint's President and CEO from 2014 until 2018, and as executive chairman from 2018 until 2020. Credited with having "led a turnaround" at Sprint, he oversaw the company's planned merger with T-Mobile USA. He currently sits on the board of the combined company.
Mike Sievert on Twitter. Michael Sievert is an American business executive, currently the president and chief executive officer (CEO) of T-Mobile US, and a member of the company's board of directors. [5] [6] [7] In November 2019, |T-Mobile announced that Sievert would be promoted from chief operating officer (COO) to CEO in May 2020 when John ...
On March 20, 2011, Deutsche Telekom AG accepted a US$39 billion stock and cash purchase offer from AT&T Inc. for T-Mobile USA, Inc. According to an industry analyst, after the introduction of the iPhone in 2007, T-Mobile USA began to lose lucrative contract customers, dropping to 78.3 percent of subscribers in 2010, compared to 85% in 2006.
US$133 million (2019) Number of employees. 4,800 (1Q 2023) Parent. Telephone and Data Systems (84%) Website. www .uscellular .com. United States Cellular Corporation ( doing business as UScellular and formerly known as U.S. Cellular) is an American mobile network operator. It is a subsidiary of Telephone and Data Systems Inc. (which owns an 84% ...
Since April 2020, the Assurance Wireless brand has been under the T-Mobile family. This was the result of the merger of Sprint Corporation and T-Mobile US was officially completed, and after Virgin Mobile USA was officially shut down and folded into Boost Mobile. An official statement was sent to all customers July 14, 2020 stating that all ...
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