by Jules Wang | December 22, 2015 11:38 PM
It's a story of people who are "familiar with the matter" and a struggling network getting its stuff together in the face of mounting competition, financial burdens, new ownership and the tasks of cutting losses and cuts and making gains. And it started at the top of Sprint back in 2014, when Marcelo Claure took the helm as CEO. Claure himself contracted several advisers — among them, industry veteran and claimed "mentor" of Claure's, Dennis Trujillo — for a year's work at a going price of $50 million. The arrangement, which involved the team retaining a meeting area sequestered from ...
by Rithvik Rao | June 7, 2014 7:17 PM
After multiple reports of a planned merger between Sprint and T-Mobile USA, more alleged details have reportedly emerged. The merger deal has been allegedly accepted, with the combined company to be named SoftBank USA -- meaning, the T-Mobile and Sprint monikers would be history. The CEO of the new company would be the current T-Mobile USA chief, John Legere. Dan Hesse, Sprint's CEO, would step down from his current position, though he would remain a part of the SoftBank board. Also scrapped would be the MetroPCS, Virgin Mobile, and Boost Mobile prepaid brands, all rolled in to one ...
by Jaime Rivera | January 29, 2013 2:10 PM
Well this seems to be the season where underdog carriers just can't merge with anybody. We remember how the whole T-Mobile + AT&T merger never went through, and now it's Sprint's turn. Recently it was all over the news that the Japanese company Softbank would be nice enough to take hold of Sprint, but it seems that even that endeavor is going down hill. Bloomberg has just reported that the DOJ has requested that the FCC should delay the merger between the two companies due to some national security concerns. This doesn't necessarily mean that it won't happen, but once you get the DOJ ...
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