New rate plans were also introduced as well for all new and existing customers from both companies, though all will be grandfathered into their current plan should they choose not to switch to a new T-Mobile plan for at least three years. T-Mobile and Sprint accounts are still managed by employees in separate systems and the company still offers Sprint branded SIM cards. Billing was already showing the T-Mobile brand, and on this date, all retail, customer service, and all other company branding switched to the T-Mobile brand. Leadership, background and stock changes happened immediately, with customer-side changes happening over time. On April 1, 2020, T-Mobile and Sprint Corporation completed their merger, with T-Mobile now being the sole owner of Sprint, making Sprint an effective subsidiary of T-Mobile until the Sprint brand was officially erased on August 2, 2020. In 2015, Consumer Reports named T-Mobile the number one American wireless carrier. The company has annual revenues of over $40 billion. T-Mobile US provides wireless voice and data services in the United States under the T-Mobile and Metro by T-Mobile brands (which it acquired via the purchase of MetroPCS in a reverse takeover in 2013, resulting in T-Mobile going public on the NASDAQ stock exchange), and also serves as the host network for many mobile virtual network operators. T-Mobile is the second-largest wireless carrier in the United States, with 108.7 million subscribers as of the end of Q4 2021. The company's largest shareholder is the German telecommunications company Deutsche Telekom (DT), which as of April 2022, holds 48.4% of the common stock. is an American wireless network operator headquartered in Bellevue, Washington, U.S.
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