Marcelo Claure (L), John Legere (R) announce the purchase of Sprint by T-Mobile in 2018
Legere returned his key to the executive restroom on April 1st, 2020, the day that the merger he announced almost two years earlier between T-Mobile and Sprint was closed. The deal was all about 5G as the carrier went after Sprint’s hoard of mid-band spectrum. Combined with its low-band 600MHz airwaves and some mmWave spectrum, the mid-band spectrum T-Mobile acquired from Sprint was the final piece of the triple-layer cake strategy that has many analysts’ expecting T-Mobile to deliver the fastest 5G download data speeds in the states once 5G networks are all built-out in the U.S.
Originally, Legere said that the merger would lead to the creation of 11,000 more jobs than the amount that both T-Mobile and Sprint would have had on a standalone basis by 2024. However, the company has cut approximately 5,000 jobs since the merger closed leading the Communication Workers of America (CWA) to say last month, “That’s why we pushed for enforceable commitments from T-Mobile on jobs during the merger process. Regulators need to take a close look at what’s happening at T-Mobile and get serious about protecting jobs as part of their oversight of corporate mergers.”