79.9 F
Wednesday, April 14, 2021

Sprint Dumps Hesse for Brightstar Chief, Puts T-Mo Pursuit on Hold

Sprint has named Marcelo Claure as the company’s next president and CEO, replacing Dan Hesse.

With the change also comes a change in strategy, most notably a backing off from the company’s quest to acquire T-Mobile USA. The combined company would have created a third national wireless carrier that could hold its own against AT&T and Verizon.

“While consolidating makes sense in the long-term, for now, we will focus on growing and re-positioning Sprint,” Claure said.

Claure, 43, joined the Sprint Board of Directors in January and is the founder and CEO of Brightstar, which, like Sprint itself, is a subsidiary of Japan’s SoftBank Corp.

Since founding Brightstar in 1997, Claure has grown the company from a small Miami-based distributor into a global specialized wireless distributor, with $10.5 billion in gross revenue for the year ended in 2013. 

“Marcelo is a successful entrepreneur who transformed a start-up into a global telecommunications company,” said Sprint chairman Masayoshi Son. “He has the management experience, passion and drive to create the strongest network and offer the best products and services in the wireless industry. While we continue to believe industry consolidation will enhance competitiveness and benefit customers, our focus moving forward will be on making Sprint the most successful carrier.”

Claure will resign his position at Brightstar effective August 11; SoftBank announced it would acquire Claure’s remaining interest in the company.

“I’ve had the unique opportunity to spend the past few months actively engaging with Sprint’s Board, management team and front-line employees,” said Claure. “I am honored to have the opportunity to now lead the Sprint team as we mobilize to become the wireless carrier of choice in the U.S. In the short-term, we will focus on becoming extremely cost efficient and competing aggressively in the marketplace.”

Claure succeeds Hesse, who joined Sprint as president and CEO in December 2007 and led the company through a series of acquisitions, including the merger with SoftBank, and a multi-year overhaul of its nationwide network, including the shutdown of the Nextel network.

“I’m proud of the resilience of Sprint’s people during a difficult transformation and I’m optimistic about how they will build on a foundation of innovation to succeed in the future,” Hesse said. “It’s been an honor to have led such dedicated teammates for more than six-and-a-half years. Marcelo has been a great addition to Sprint’s Board and his entrepreneurial background, business savvy, industry experience and strong relationship with Masayoshi Son make Marcelo an excellent choice to lead Sprint going forward.”

Claure will be based at Sprint headquarters in Overland Park, KS, and plans to relocate to the Kansas City area.

nike air max one michael kors uk free run nike louboutin sale michael kors sale michael kors bags uk nike roshe run air max one air max pas cher nike free run louboutin sale air max pas cher nike roshe run air max pas cher nike roshe run pas cher michael kors sale nike air max nike air max 2015 chrisitan louboutin shoes air max 90 femme

Related Articles

KDDI Partners with Cato Networks to Deliver Cloud-Native SASE Services

Cato Networks, a provider a SASE platform, announced a partnership with KDDI Corp to deliver Cato SASE services across North America, Europe, and the...

Ooma Launches Continuous Voice for Ooma Connect Customers

Ooma, Inc., a smart communications platform for businesses and consumers, announced that Continuous Voice, a patented technology that automatically provides continuity for business phone...

SoftIron Launches Global Channel Partner Program

SoftIron, a leader in purpose-built and performance-optimized data center solutions, has  announced the launch of its global channel partner program, SoftIron + Co. The...

PCCW Global and Frequentis Announce Collaboration

PCCW Global and Frequentis, a supplier of safety-critical communication and information solutions, have collaborated to deliver aviation-specific SaaS technologies over the newly-commissioned Common Aeronautical...

Snom Announces Standardized 3CX Template for North American Users

Snom has announced a new standardized template for North American users on the 3CX Communications System. 3CX is a global leader in business communications solutions....