T-Mobile, Sprint combine in $26.5 billion merger

After all of those years of teasing and flirting, T-Mobile and Sprint are finally getting married. The $26.5 billion merger of the nation's third largest and fourth largest carriers will enable the combined company to better compete with Verizon and AT&T, the numbers one and two stateside wireless operators, respectively. The T-Mobile name will be used for the merged firm, and it will be led by T-Mobile's feisty John Legere, who will keep CEO duties. His right hand man, Mike Sievert, will keep the COO title. The chairman of T-Mobile parent Deutsche Bank, Tom Hoettges, will have that role at ...