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Posts Tagged ‘Sprint Corp’

WASHINGTON (Reuters) – U.S. Federal Communications Commission Chairman Tom Wheeler on Wednesday said maintaining four large U.S. wireless carriers was “good for American consumers” after news that two of them, Sprint Corp and T-Mobile US , were abandoning plans for a merger. Sprint “now has an opportunity to focus their efforts on robust competition,” Wheeler […]

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(Reuters) – Sprint Corp, the No. 3 U.S. mobile carrier, named Marcelo Claure as its new chief executive, effective Aug. 11. Claure, 43, will replace Dan Hesse, who has been CEO since 2007, Sprint said in a statement on Wednesday. Claure founded mobile phone distributor Brightstar Corp, which was acquired last year by Sprint’s Japanese […]

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Sprint Corp has dropped its bid to acquire No. 4 U.S. carrier T-Mobile U.S. Inc after regulatory resistance showed no signs of softening despite months of lobbying, people familiar with the matter told Reuters. The move is a rare setback for Sprints Japanese parent SoftBank Corp , whose billionaire founder Masayoshi Son had seen the […]

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