After months of regulatory maneuvers, T-Mobile and Dash formally accomplished their $ 26 billion merger at the moment. The brand new mixed guardian firm is named T-Cell and is now traded on the Nasdaq below the ticker image TMUS sprint now not traded on the NYSE.
It would apparently take a while for customers to really feel the results of the transition. T-Cell didn’t touch upon the way forward for the Dash model in at the moment's announcement, however has beforehand promised that subscribers could have entry to “equal or higher tariff plans” below the contract for 3 years.
Along with the information of the completion of the merger, T-Cell introduced that the change of CEO would happen early. John Legere ought to stay in impact till the tip of April, however Mike Sievert was appointed CEO a month earlier with speedy impact. Sievert was beforehand COO of T-Cell.
Legere has been managing T-Cell since 2012 and has began a development reversal on the firm, which defines the service as a cheap different to the duopoly of AT&T and Verizon. (Disclosure: TechCrunch is owned by Verizon Media, however doesn’t have an effect on our reporting.) Legere and his antics had been typically on the forefront of the corporate's years of non-carrier advertising and marketing push.
Legere remains to be on the corporate's board of administrators, however will step down by the tip of his time period till June.