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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.
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.
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 is the third-largest wireless carrier in the United States, after Verizon and AT&T, with 31.43% of the market share as of June 13, 2024. [6] The company was founded in 1994 by John W. Stanton of the Western Wireless Corporation as VoiceStream Wireless.
AT&T Mobility, LLC, also known as AT&T Wireless and marketed as simply AT&T, is an American telecommunications company. It is a wholly owned subsidiary of AT&T Inc. and provides wireless services in the United States. AT&T Mobility is the second largest wireless carrier in the United States, with 114.5 million subscribers as of March 31, 2024. [3]
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. [2]
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 combined company. [10] From 2020 until early 2022 [12] he was the chief executive officer (CEO) of SoftBank Group International and chief operating officer (COO) of SoftBank Group ...
New York v. Deutsche Telekom. New York v. Deutsche Telekom was a lawsuit filed by nine states and Washington D.C. to block the merger of T-Mobile US and Sprint Corporation. The suit was filed by State Attorneys General from New York, California, Colorado, Connecticut, Washington D.C ., Maryland, Michigan, Mississippi, Virginia, and Wisconsin.
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