Sprint CEO: Industry Has to Deal with the Duopoly
Sprint CEO Dan Hesse today said that he believes further consolidation in the wireless telecommunications industry is good and even necessary — as long as the nation's two largest wireless network operators aren't involved. "We're certianly working very hard to compete with AT&T and Verizon," said Hesse. "The industry has to deal with the issue of the duopoly. The gap beween the number two and number three players is enormous. We always have been and always will be open to further consolidation, as long as it isn't AT&T or Verizon Wireless." Hesse said that it is fine for smaller companies, including Sprint, to consolidate, but the current duopoly is "not healthy" for the industry.
Sprint Hangs Up on Dan Hesse, Names New CEO
Sprint today announced it has named Marcelo Claure as President and CEO of the company, who replaces Dan Hesse. Claure already served on Sprint's board of directors, and is the Founder and CEO of Brightstar Corp.
Verizon Wireless CEO Dan Mead to Retire
Dan Mead, who has served as the CEO of Verizon Wireless since 2010, plans to retire according to filings the company made with the Securities and Exchange Commission. Mead will remain on the board of directors and serve as executive vice president and president of strategic initiatives.
T-Mobile Parent Still Wants To Offload the Uncarrier
Deutsche Telekom, majority owner of T-Mobile, believes the Uncarrier's best chances of success are to merge with or be acquired by another large carrier. Deutsche Telekom CEO Tim Hoettges, speaking to Re/code, said T-Mobile lacks the scale enjoyed by rivals AT&T and Verizon Wireless.
AT&T Names Glenn Lurie as CEO of Wireless Unit
AT&T today made some changes in its executive ranks and has replaced Ralph de la Vega as the CEO of AT&T Mobility. Taking de la Vega's place is Glenn Lurie, a longtime AT&T vet who was instrumental in bringing the Apple iPhone to AT&T back in 2007.
Wait a minute
The fact is simple people continue to stay with Verizon and Att despite the lower prices offered elseware for a reason, that is why Sprint rarely shows net adds and has watched the value of their company continue to fall.
People are putting too much of their own emotion into this
Let's forget for a second that Verizon and AT&T are MUCH more expensive than Sprint, and look at the fact that Sprint is the ONLY national carrier with unlimited data.
It's the fact that Verizon and AT&T think they can get away with capping you - and also charging you more.
So yes, Dan was discussing how two mega-companies are not good for the average person - and it shouldn't be in any ones interests (besides the corporations) for Verizon and AT&T to expand further.
AT&T and Verizon also are not "Masters" of business - they simply BUY everyone and then pa...
If it were that simple then anyone could do it.
Hesse Should Not Say This...
Again, Hesse should have kept his mouth closed. It's a self serving remark coming from him and he had to know that it would not be received well at all.
It's not that long that Sprint was practically the only truly national carrier and you were a fool f...
Of course he would say that !
I would re-read the article like this: Sprint CEO says: Who the hell cares?
less competition = higher prices for consumers. without a third company that can compete....keeping AT&T and Verizon's prices in check, your phone bill would be $200 month. You think shared plans are a hit to the wall...
It might help, lol.
sniff sniff my company cant make any money and it cant compete because our network on average sucks compared to the top 2...
What? At&t's network has ranked dead last in Consumer Reports the last several ...
And this little piggy went weeaaah weaaah weeaahhh
Because they are not as successful as their competitors they should be given special privilidges and their competitors should be looked down upon?
Sprint fails, good luck finding happy customers, at least where we live. (third largest city in louisiana)
I Want Sprint to Stick Around
Sprint's inability to compete...
There was a time, which actually wasn't all that long ago, when Sprint was the leading phone company in the country, they had the best network, the best coverage, the best customer service....and they squandered their position through ineptitude, a long history of bad decisions, mismanagement and general incompetence.
It's not at&t or Verizon's fault that Sprint drove customers away by making horrible billing errors, that they wasted money on the Nextel acquisition, or that they let their network go to crap.....
If they want to ...
Hesse knows what he is talking about...