Sprint to cease pursuit of T-Mobile

Updated

Sprint has decided to stop pursuing T-Mobile as a merger partner, The Wall Street Journal reports. The company also decided at a Tuesday board meeting to replace CEO Dan Hesse with Brightstar founder Marcelo Claure. It was first reported in December that Sprint was working toward a bid for T-Mobile. But facing opposition from regulators, Sprint has decided to refocus its efforts on its own rejuvenation. It’s expected that Sprint will make an official announcement today.

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Phil Dzikiy

Phil Dzikiy was the Editor-in-Cheif at iLounge. He mostly edited and oversaw all site editorial content, managed staff and freelancers, made the final call on product review grades and awards, and led online coverage of all Apple events and live coverage of the International CES in 2015.