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Latest Daniel Hesse Stories

Sprint Grows Revenue Despite Shrinking Share Prices
2013-02-08 11:52:22

redOrbit Staff & Wire Reports - Your Universe Online Sprint Nextel reported its fourth-quarter and full year results on Thursday, posting modest quarterly revenue growth and smaller-than-expected subscriber losses amid strong smartphone sales. The company said it lost $1.32 billion during the fourth quarter, or 44 cents per share, compared with a loss of $1.30 billion, or 43 cents per share, during the same quarter last year. Total revenue also grew to over $9 billion from $8.72...

Clearwire Sells to Sprint
2012-12-17 21:47:27

Peter Suciu for redOrbit.com — Your Universe Online While Sprint Nextel continues to trail Verizon and AT&T, the nation´s third largest mobile carrier made a major power play on Monday. Clearwire Corp. agreed to sell roughly half of the company for $2.2 billion to mobile phone carrier Sprint Nextel Corp. This move gives Sprint full ownership of spectrum and allows it to offer high-speed wireless services known as the Long-Term Evolution (LTE) network. This technology is...

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2008-08-07 12:30:00

In recent months, Sprint Nextel (S) has been described as "seen turning a corner" by The New York Times and as possibly "turning around" by The Washington Post. That's not quite how Sprint CEO Daniel Hesse sees it. While he says he is very pleased with the company's progress, he told BusinessWeek: "We haven't turned the corner yet." Believe it. Earnings of the U.S.'s third-largest wireless service provider do show some hopeful signs: Thanks to network improvements and changes Hesse has made...

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2008-07-09 06:00:00

By Laura M. Holson Sprint Nextel was in a crisis as Daniel Hesse took over the chief executive's job last December. Sprint was reeling from an ill-fated merger with Nextel. Customers were leaving in droves. Executives were threatening to leave, while those who wanted to stay were worried they would lose their jobs. To motivate the staff, Hesse gave them DVDs of a documentary about Ernest Shackleton, the famous explorer whose ship was trapped in ice on an expedition to Antarctica. He liked...


Word of the Day
call-note
  • The call or cry of a bird or other animal to its mate or its young.
'Call-note' is newer than 'bird-call,' which originally referred to 'an instrument for imitating the note of birds' but now also refers to 'the song or cry of a bird.'
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