It’s finally official. Sprint and T-Mobile have announced they are merging in an all-stock transaction, with the former being valued at $59 billion and the latter at $146 billion.
The new company will be called T-Mobile, and will be headquartered in Bellevue, Washington. There will also be a second headquarters in Overland Park, Kansas.
T-Mobile US’ current CEO and president John Legere will be the CEO of the new company and also serve as as a director. Sprint’s CEO Marcelo Claure, on the other hand, will serve on the board of the new T-Mobile.
“The combined company will have…