Lacking CPUC OK, T-Mobile Buys Sprint, Shifts CEOs Earlier Than Planned

Lacking California OK, T-Mobile completed the purchase of Sprint. The deal completion was announced Wednesday morning by T-Mobile, which earlier this week and as we previously reported signaled its intention to complete the multibillion-dollar deal without California Public Utilities Commission approval.

T-Mobile also said that it shifted CEOs, ahead of schedule. What it described as its "long-planned Chief Executive Officer transition from John Legere to Mike Sievert" is now complete. Legere remains on the board "for the remainder of his current term," until the annual meeting in June, the carrier said.

T-Mobile and the CPUC didn't comment immediately about completing the deal before commissioners voted. The FCC and DOJ had OK'd the combination, with conditions.