T-Mobile has announced that its merger with Sprint has been officially completed, creating the New T-Mobile.The New T-Mobile's commitment to building the world’s best broad and deep nationwide 5G network, which will bring lightning-fast speeds to urban areas and underserved rural communities alike, is more critical than ever, as reliable connectivity has become so important to Americans. With 14 times more capacity in six years than standalone T-Mobile has today, the New T-Mobile network will be able to offer unmatched value to consumers, with better service at lower prices. The company will also continue to focus on its commitment to customers and being a force for good. The enhanced scale and financial strength of the combined company will drive a planned investment of $40 billion into its network, business and more over the next three years. Synergies achieved from the integration have the potential to unlock massive scale and unleash at least $43 billion in value for shareholders.
T-Mobile also announced its CEO transition from John Legere to Mike Sievert has been completed ahead of schedule. Legere will stay on the Board of Directors for the rest of his current term, through the annual shareholders meeting schedule for June 2020.
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