T-Mobile and Sprint have finally completed their merger, leaving America with only 3 big carriers
The long process of T-Mobile and Sprint merging has finally come to a close. The last hurdle was jumped in February and the deal was expected to close in April. Starting today, T-Mobile officially owns Sprint, leaving the U.S. with only three major carriers.
So what happens now? One of the immediate changes is T-Mobile has a new CEO. As previously announced, John Legere is stepping down and he’s being replaced by Mike Sievert, previously the company’s COO. Legere will remain on the board until July.
As for the Sprint brand and Sprint customers, nothing will change immediately. Sprint customers will keep their existing plans, which T-Mobile has promised will remain the same or better for the next three years. Sprint’s network remains separate as well.
Back in November, T-Mobile outlined all of their plans for after the Sprint merger was approved. The company claims its 5G network will be able to reach 99% of the U.S. population. They will be launching an initiative to bring free 5G access to first responders, police officers, firefighters, and EMS agencies for 10 years. “Project 10Million” will give free internet service to 10 million households. Lastly, the “T-Mobile Connect” prepaid plan will offer 2GB of data for just $15 per month.
Another side-effect of the merger is Sprint’s prepaid business (Boost and Virgin Mobile) being sold to Dish. However, it will take a while before we really start seeing the changes and new products from this merger. How do you feel about things now that T-Mobile officially owns Sprint?