T-Mobile today announced that it has completed its merger with Sprint, with the merged company to operate under the T-Mobile brand. Effective immediately, T-Mobile's former COO Mike Sievert will assume the role of CEO, with John Legere stepping down.
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T-Mobile said it plans to focus on creating a "transformational" nationwide 5G network. Within six years, the carrier promises to provide 5G to 99 percent of the U.S. population and average 5G speeds in excess of 100 Mbps to 90 percent of the U.S. population. T-Mobile also plans to provide 90 percent of rural Americans with average 5G speeds of 50 Mbps.
The "new" T-Mobile has committed to delivering the same or better rate plans for at least three years, including access to 5G. Rate plans are not changing today.
For now, the merged company says all customers will stay with the same Sprint and T-Mobile network, stores, and service they have been using. Over time, Sprint assets will simply begin to be rebranded as T-Mobile.
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