Menu
Sprint names new CEO after giving up on T-Mobile acquisition

Sprint names new CEO after giving up on T-Mobile acquisition

Marcelo Claure, CEO of Brightstar, will take new position August 11

Sprint has named Marcelo Claure to replace Dan Hesse as president and CEO, after giving up on its effort to acquire T-Mobile USA.

Sprint announced Wednesday that Claure, who joined the company's board of directors in January, will assume his new role August 11. Claure is the founder and CEO of Brightstar, a subsidiary of SoftBank, Sprint's parent company.

Sprint is the third largest carrier in the U.S. and had been trying to buy T-Mobile, the fourth-largest carrier, in an effort to compete with Verizon and AT&T. But Sprint recently gave up on the acquisition because it believed it would be difficult to get approval from U.S. regulators, according to news reports.

Sprint noted that since founding Brightstar in 1997, Claure has expanded the company into a global, $10.5 billion business. Brightstar is a wireless distributor and provider of services to the wireless industry.

"Marcelo is a successful entrepreneur who transformed a start-up into a global telecommunications company. He has the management experience, passion and drive to create the strongest network and offer the best products and services in the wireless industry," said Sprint Chairman Masayoshi Son in a statement. "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."

Hesse joined Sprint as president and CEO in 2007 and led the company through a series of acquisitions, including the merger with SoftBank.

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags business issuessprintpersonneltelecommunicationT-Mobile USA

Featured

Slideshows

Examining the changing job scene in the Kiwi channel

Examining the changing job scene in the Kiwi channel

Typically, the New Year brings new opportunities for personnel within the Kiwi channel. 2017 started no differently, with a host of appointments, departures and reshuffles across vendor, distributor and reseller businesses. As a result, the job scene across New Zealand has changed - here’s a run down of who is working where in the year ahead…

Examining the changing job scene in the Kiwi channel
​What are the top 10 tech trends for New Zealand in 2017?

​What are the top 10 tech trends for New Zealand in 2017?

Digital Transformation (DX) has been a critical topic for business over the last few years and IDC is now predicting a step change as DX reaches macroeconomic levels. By 2020 a DX economy will emerge and it will become the core of what New Zealand industries focus on. From the board level through to the C-Suite, Kiwi organisations must be prepared to think and act digital when the DX economy emerges in 2017.

​What are the top 10 tech trends for New Zealand in 2017?
Top 15 Kiwi tech storylines to follow in 2017

Top 15 Kiwi tech storylines to follow in 2017

​The New Year brings the usual new round of humdrum technology predictions, glaringly general, unashamedly safe and perpetually predictable. But while the industry no longer sees value in “cloud is now the norm” type projections, value can be found in following developments of the year previous, analysing behaviours and patterns to formulate a plan for the 12 months ahead. Consequently, here’s the top Kiwi tech storylines to follow in 2017...

Top 15 Kiwi tech storylines to follow in 2017
Show Comments