Latest in Sprint

John Legere, the CEO and high-energy pitchman for T-Mobile, will step down next April after overseeing the close of the wireless provider’s merger with Sprint. He will be succeeded by COO Mike Sievert on May 1, 2020, according to a formal announcement Monday of the changing of the guard. The company described the move…

The Federal Communications Commission on Tuesday issued its formal approval of the merger of T-Mobile and Sprint, a proposed $26 billion tie-up that would unite the No. 3 and No. 4 U.S. telecom providers. The party-line vote was held last month but officially revealed today. The news comes after the U.S Department of…

In a long-expected settlement, the Department of Justice has agreed to approve the $26 billion merger of No. 3 and No. 4 U.S. telecom providers T-Mobile and Sprint. As a condition of the approval, the combined entity has agreed to sell Sprint's Boost Mobile, Virgin Mobile and Sprint-branded prepaid mobile services to D…

Shares in Sprint and T-Mobile ticked up late in Friday’s trading day after The New York Times reported that Department of Justice regulators are close to blessing the companies’ $26 billion merger. T-Mobile closed at $74.90, up less than 1%, while Sprint jumped 3% to close at $7.01. The stocks have see-sawed in recent…

The attorneys general of seven states and the District of Columbia have filed a lawsuit seeking to block the merger of Sprint and T-Mobile, alleging that the $26.5 billion deal would harm consumers. New York Attorney General Letitia James and California Attorney General Xavier Becerra announced the suit Tuesday…

UPDATED with WGAW statement, 10: 26: The $26 billion merger of Sprint and T-Mobile will get the blessing of the Federal Communications Commission in exchange for pledges by the company to build out a 5G network that will cover 99% of the U.S. by 2026, officials said Monday. The WGA West issued this statement Tuesday…

In a deal with broad implications for media and technology sectors, wireless carriers T-Mobile and Sprint have announced a $26 billion all-stock merger that creates a bulked-up rival to AT&T and Verizon. The deal caps several years of starts and stops by the two companies, which last November had abandoned their…

Sprint and T-Mobile have called off merger talks. The two carriers have been in talks for weeks, but were unable to come to an agreement on a combination. This marks the second time the third- and fourth-place wireless companies have walked away from the altar. It’s unclear why a deal couldn’t be reached. "The…

On an overall day of declines on Wall Street, telecom stocks were among the biggest losers amid reports that SoftBank, the majority owner of Sprint, has ended its on-again/off-again merger talks with T-Mobile. Sprint shares plunged 9% to close at $6.34 and T-Mobile gave back 5% to finish at $59.58 in the wake of a repo…

A deal is all but done to combine the country’s third and fourth largest wireless networks, leaving T-Mobile U.S. Inc. chief executive John Legere in the catbird seat: He would control the combined assets of his company and Sprint Corp. in a mega-carrier merger that could be announced by the end of the month. News of…

Shares of Sprint and T-Mobile are up in midday trading following a CNBC report that the companies are in “active talks” about a merger. They’re said to be looking at a stock-for-stock deal that would leave T-Mobile owner Deutsche Telekom in control of the combined company, with T-Mobile’s colorful CEO John Legere…

After several weeks of talks of a deal, Charter Communications has rejected a possible merger with Sprint, The Wall St. Journal reported Sunday. The merger would have created a new entity controlled by SoftBank, Sprint’s owner. Charter said that it would stay with existing wireless reseller agreement with Verizon…