T-Mobile CEO John Legere isn't considering taking the job at WeWork or leaving the carrier to join any other company.
T-Mobile CEO John Legere isn't planning to take the CEO job at WeWork according to people familiar with the matter.WeWork, which is being taken over by SoftBank, is considering a number of people for the CEO role.T-Mobile
Chief Executive Officer John Legere isn't taking the WeWork CEO job, according to people familiar with the matter. Legere, who became CEO of T-Mobile in 2012, has no plans to leave the company, said the people, who asked not to be named because the matter is confidential. CNBC and The Wall Street Journal reported earlier this week that LegereBy taking himself out of the running, Legere is avoiding a potential conflict of interest. SoftBank is the controlling shareholder of Sprint, which is the process of merging with T-Mobile, and is the majority owner of WeWork.
T-Mobile is still waiting for its acquisition of Sprint to be approved by numerous state attorneys general, who are suing to block the merger of the two carriers on grounds that it will hurt competition and lead to increased prices. That case goes to trial in December. The delay has pushed the deal's closing past a key date, Nov. 1, which allows both T-Mobile and Sprint to restructure terms of the merger, or even walk away. If Legere were to leave T-Mobile for WeWork, it could raise at least the perception of a conflict of interest.
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