Tag: Sprint

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  • Sprint and Cuba

    Sprint Service Is Coming To Cuba For The Very First Time

    Sprint has agreed to bring its communications infrastructure to Cuba. Officials in the country agreed to work with the company during its first annual trade fair. More than 600 companies from 70 countries attended the event. The Havana International Fair (FIHAV) promotes Cuba’s changing business climate and seeks badly needed foreign investment. ¬†“We are continuing […]

  • Sprint

    Here Comes $2.5 Billion In Cuts From Sprint

    Sprint is planning to cut $2.5 billion in 2016 and that restructuring will include layoffs and a wide variety of other cost controls. “We are leaving no stone unturned and looking at all areas,” company spokesman Dave Tovar said in an interview with Reuters. He refused to say how many employees would be laid off […]

  • Sprint Cost Reduction

    Sprint’s $2.5 Billion Cost Reduction Is Likely To Include Jobs

    Sprint is expected to cut some of its 31,000-person workforce as part of a $2.5 billion cost reduction. “It’s likely some jobs will be impacted by this [cost-cutting] process, but it’s premature to talk about details,” said Sprint spokesman David Tovar told Computer World. Along with its 31,000 workers, Sprint also employs 30,000 contractors. The […]

  • Sprint Wireless Two Year Contracts

    Sprint Just Ditched 2-Year Contracts And Now AT&T Is All Alone

    The wireless market led by T-Mobile is starting to look a lot more like the UK market. First T-Mobile ditched contracts, then Verizon announced two weeks ago that it was also ending two-year contracts, and now Sprint Wireless has followed suit. Under Sprint’s new program customers will either have to pay full price for a […]

  • Sprint CFO and Quarterly Loss

    Sprint Quarterly Revenue Down 8.7 Percent As Company Hires New CFO

      Sprint reported a quarterly revenue drop of 8.7 percent as revenue from its wireless business declined, and new and existing customers opted for its installment plans. According to the company’s quarterly finance report, the wireless giant reported a loss of $20 million or 1 cent per share for the first quarter ending June 30. […]

  • Sprint Names new COO

    Sprint Names Tarek Robbiati As New CFO As Executive Shake-Ups Heat Up

    Sprint Corp is ditching Chief Financial Officer Joseph Euteneuer amid a major executive shakeup. Replacing Mr. Euteneuer is Tarek Robbiati. Robbiati, who will join in late August, stepped down as chief executive of Australian financial services provider FlexiGroup Ltd in June. He also served as the¬†deputy CFO of Telstra Corp Ltd, Australia’s leading telecoms company, […]