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

After years of rumors, months of hearings and legal negotiations with US regulators, and almost two years after the initial announcement, T-Mobile US officially announced its merger with Sprint. The $23 billion deal combines the #3 and $4 carriers in the US (in terms of subscribers) into "The New T-Mobile". Sprint's spectrum and subscribers will be transitioned to T-Mobile and as part of a deal made with US regulators, Sprint will sell its prepaid assets including Boost Mobile, its 9.3 million subscribers, more than 7000 retail stores, and its 800Mhz band spectrum to Dish Network, creating...

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