Latest Daniel Hesse Stories
“T-Mobile merger off, CEO Dan Hesse out, new CEO Marcelo Claure in.
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.
Clearwire Corp. agreed to sell roughly half of the company for $2.2 billion to mobile phone carrier Sprint Nextel Corp.
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.
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.
- To befool; deceive; balk; jilt.
- An illusion; a trick; a cheat.