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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.
On April 1, 2020, Sprint Corporation completed their acquisition by T-Mobile US, which effectively made Sprint a subsidiary of T-Mobile until the Sprint brand officially discontinued in the beginning of August. Leadership, background, and stock changes happened immediately, with customer-side changes happening over time.
T-Mobile US operates two main brands: T-Mobile and Metro by T-Mobile (acquired in a 2013 reverse takeover of MetroPCS that also led to T-Mobile's listing on the NASDAQ). In 2020, T-Mobile expanded through the acquisition of Sprint, which also made T-Mobile the operator of Assurance Wireless, a service subsidized by the federal Lifeline program.
Term. September 2012 – April 2020. Board member of. T-Mobile US. Children. 2. John Legere (born June 4, 1958) is an American businessman, former chief executive officer (CEO) and president of T-Mobile US. He previously worked for AT&T, Dell, and Global Crossing. He resigned as CEO following the approval of the merger of T-Mobile and Sprint.
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.
The T-Mobile Headquarters Campus is a collection of 17 buildings encompassing 3,900,000-square-foot (360,000 m 2) on 200 acres in Overland Park, Kansas that formerly housed the world headquarters of Sprint Corporation, an American telecom company. The buildings were designed by Hillier Architecture (which became RMJM in 2007) based on a theme ...
T-Mobile said in a statement that it experienced technical issues during its post-merger integration with Sprint that affected "information shared from a small number of law enforcement ...
Claure sold the company to join Sprint in 2014, [4] serving as Sprint's President and CEO from 2014 [5] [6] [7] until 2018, [8] and as executive chairman from 2018 [9] until 2020. [10] Credited with having "led a turnaround" at Sprint, [11] he oversaw the company's planned merger with T-Mobile USA. [8] [9] He currently sits on the board of the ...
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