Good news for Team Magenta: John Legere will reportedly remain at T-Mobile

Last week we passed along a rumor that was troubling for T-Mobile investors, subscribers and the U.S. mobile industry as a whole. Reportedly, the carrier's CEO, John Legere, was being recruited by former rival turned partner Marcelo Claure to become CEO of WeWork. Claure, the chairman of Sprint, once called the brash T-Mobile executive a con man. Eventually, the two bonded over the proposed T-Mobile merger with Sprint.
Sources say Legere was never the top choice for the CEO job at WeWork
Legere might have also decided against being considered for the job because of the possibility that taking the job would lead to a conflict of interest. That's because the terms of the T-Mobile-Sprint merger can now be restructured after the November 1st expiration of the merger agreement between the two carriers. While the deal has received FCC and DOJ approval, before the transaction closes a lawsuit filed by several state attorneys general needs a disposition. The suit seeks to block the deal and a trial will begin on December 9th.
If you're wondering why the fastest-growing major U.S. carrier is so interested in merging with a wireless provider with as many problems as Sprint has, it is all about the hoard of 2.5GHz mid-range spectrum that the latter owns. Mid-band spectrum is hard to come by in the U.S. and T-Mobile wants to employ Sprint's airwaves in combination with its own low-band 600MHz and ultra-high mmWave signals to complete the first nationwide 5G network in the states. Starting on December 6th, T-Mobile says that it will cover over 200 million Americans with its 5G signal partly using the 600MHz spectrum that it paid nearly $8 billion for during an FCC auction in 2017.
So now that it appears that Legere is staying put, you can expect more trolling of Verizon and AT&T, more outlandish comments and the hilarious annual holiday video that is becoming a tradition that smartphone and mobile enthusiasts enjoy viewing every year.