T-Mobile named a new CFO in the wake of the Sprint merger
“Peter brings his proven leadership capabilities and strong financial acumen into this position at a critical time in the Un-carrier’s history, as we manage the significant complexities and huge opportunities inherent in this next chapter, integrating Sprint and delivering on the financial potential of the new T-Mobile,” said CEO Mike Sievert in a statement.
On April 1, T-Mobile announced the completion of the Sprint merger. The close of the deal also spurred on the shift of leadership from former CEO John Legere to current Chief Executive Mike Sievert. While reporting its latest quarterly results in May, the last quarter before the close of the Sprint transaction, T-Mobile said it would face headwinds from the coronavirus pandemic through the rest of the year. The first quarter’s total revenue was mostly flat compared with the same period in 2019, rising only 0.3% to $11.1 billion. Company leaders said service revenues buoyed quarterly results.
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