Sprint's Long-Sought Merger With T-Mobile Is Official
The merger of Sprint Corp. and T-Mobile US Inc., a start-and-stop combination years in the process, is official. With it, the Kansas City area’s largest public company no longer is based here.
On Wednesday, the wireless carriers announced the closing of their merger, creating New T-Mobile. The combination introduces a company that officials hope has the size and spectrum to better compete with industry giants AT&T and Verizon and push forward the rollout of 5G service.
Sprint, which has been based in Overland Park, becomes a part of New T-Mobile, a company led by new CEO Mike Sievert, who takes over from T-Mobile’s colorful leader, John Legere.
Read the rest of the story in the Kansas City Business Journal.