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T-Mobile, Sprint to merge: CEOs

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T-Mobile, Sprint to merge: CEOsUS wireless operators Sprint and T-Mobile will form a new company and push development of a super-fast 5G network, the heads of both firms said Sunday. “I’m excited to announce that @TMobile & @Sprint have reached an agreement to come together to form a new company — a larger, stronger competitor that will be a force for positive change for all US consumers and businesses!” T-Mobile CEO John Legere announced as part of a series of tweets about the tie-up. T-Mobile, a division of Germany’s Deutsche Telekom, and Sprint — a subsidiary of Japan’s SoftBank — are at present the third and fourth largest US wireless operators, respectively.