more than $1 sequentially and was down nearly $2 from the year ago period. Investors have not been pleased recently , with shares hitting new 52-week lows, and CEO Dan Hesse being replaced. Shares that were nearly at Complete Story »
Tuesday indicate that the firm has decided to drop its pursuit of T-Mobile. Sprint has confirmed that it will replace CEO Dan Hesse with board member Marcelo Claure, currently CEO of Brightstar, another Softbank holding. We are somewhat surprised by the
Sprint a huge block of high-frequency spectrum, greatly reducing its need to partner with DISH for capacity. Sprint CEO Dan Hesse stated on a conference call that the firm needs “to be in control of its networking spectrum resources in order to most
June 27 (Reuters) - Sprint Nextel Corp Chief Executive Dan Hesse said he plans to kick off a high-speed wireless service in five U.S. cities on July 15, a move that could be crucial in its efforts to...
well known. The firm's core wireless operation is a mess, and its plans around WiMAX have been a distraction (new CEO Dan Hesse claims it has been his primary focus since taking the job). Pushing the WiMAX venture into a separate publicly traded company
have the option to stay with Sprint and receive a month of free service or change carriers without penalty. Under new CEO Dan Hesse , Sprint backed away from the cable venture earlier this year saying that it was operationally too complex because of the firm's
previous management team made in marketing, customer service, and the network. On the earnings conference call, new CEO Dan Hesse repeatedly stressed Sprint's need to simplify the way it does business, reinvigorate the brand, and strengthen customer
but the firm's marketing efforts have clearly fallen flat. With Sprint's performance going from bad to worse and new CEO Dan Hesse barely settled in, our expectation that signs of a turnaround would appear in 2008 is overly optimistic. We've reduced