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.
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.
T-Mobile US Inc. Chief Executive Officer John Legere, who casts himself as a renegade of the wireless industry, said a Sprint Corp. deal may help the company challenge the “duopoly” of Verizon Wireless and AT&T Inc.
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.
T-Mobile US Inc. Chief Executive Officer John Legere, a self-styled rebel of the wireless industry who was thrown out of an AT&T Inc. party this week, took the stage yesterday to back up his bluster with results.
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.