John Legere is leaving T-Mobile US

Mike Sievert and John Legere

Mike Sievert (left) is to take over the leadership of T-Mobile US in the future, the previous CEO John Legere (right) resigns.

(Photo: AP)

Dusseldorf The on a merger with the rival Sprint zusteuernde Telekom subsidiary T-Mobile US gets a new boss. Mike Sievert should switch to May 1, 2020 as the successor of John Legere to the head of the US company, said the Telekom on Monday. Legere, who led T-Mobile US on the road to success, remains a member of the Board of Directors.

The change of leadership is “part of a long-term planned succession plan at the head of T-Mobile,” it said. He said he should “pave the way for a new generation of leaders to take T-Mobile US into the next phase in the company's history.”

“I have the utmost respect for John's performance as a manager and am very grateful to him as a friend for the time together,” shared Deutsche Telekom CEO Tim Höttges with. Legere wanted to focus on completing Sprint's transaction in his last months at the helm of T-Mobile US. The merger is expected to create a corporation with around 130 million customers and annual revenues of approximately $ 76 billion. Höttges had advertised for the merger as a big litter.

Legere had made the US division with aggressive marketing methods and many billions from Bonn to the third largest portable radio of the USA, after the US branch had long weakened and written losses. Legere has also launched the multi-billion dollar acquisition of the now outnumbered competitor Sprint.

More: 5G at Bargain Price and Free Internet for Kids: T-Mobile Launches Mega Campaign in the US. The new offers and benefits come a few weeks before the start of the state's trial against the proposed merger of T-Mobile and Sprint.

(T) T-Mobile (t) Telekom (t) Tim Höttges (t) Mobile Communications (m) Mergers & Acquisitions M & A (t) Manager Executive (t) Deutsche Telekom (t) Telekom Germany (t) John Legere (t) Timotheus Höttges (t) Telecommunications industry


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