T-Mobile’s chief executive is not happy about Sprint backing out of a proposed plan for the two carriers to merge, and he’s taken to Twitter to air his grievances.
In a series of increasingly bizarre tweets, T-Mobile CEO John Legere bashed Sprint and encouraged his followers to change phone plans.
Legere, who is no stranger to being outspoken on Twitter or elsewhere, also took a potshot at Sprint’s new CEO Marcelo Claure, who is replacing Dan Hesse at the top after the company’s board voted for a change of leadership.
The Wall Street Journal first reported Tuesday evening that Sprint — and its parent company Softbank — decided at a board meeting to give up on a proposed $32 billion deal to purchase T-Mobile. The board said the regulatory hurdles to such a merger were insurmountable.
The Federal Communications Commission had suggested it might not approve the merger, due to concerns that combining the third- and fourth-largest mobile carriers would be bad for consumer choice.
Sprint had tried to convince regulators a merger would be a way for it to scale up to compete more easily with Verizon and AT&T, the nation’s top two carriers.
T-Mobile, meanwhile, still has a bid on the table. Last week, French telecom Iliad made a $15 billion offer, but indications are the deal was not well received.