Sprint Corp., working to jump-start growth under new owner SoftBank Corp., announced a shake-up of its sales organization that includes the exit of Chief Sales Officer Paget Alves and Chief Marketing Officer Bill Malloy.
Dish Network Corp., the satellite-TV provider controlled by billionaire Charlie Ergen, topped Sprint Nextel Corp.’s bid for Clearwire Corp. in a move that may support its separate offer to purchase Sprint itself.
Sprint Nextel Corp., whose investors backed a takeover by SoftBank Corp. yesterday after an eight- month fight, is now preparing to use the firepower of its soon- to-be parent company to target Verizon Wireless and AT&T Inc.
Sprint Nextel Corp. put its investment in a partnership with LightSquared Inc. on hold as the wireless venture seeks an operating license from U.S. regulators, Sprint Chief Executive Officer Dan Hesse said.
Sprint Nextel Corp., weighing a $25.5 billion bid from Dish Network Corp., is holding off on granting its suitor access to its books because of questions over funding and cost savings, said people familiar with the matter.