Sprint CEO: Exclusive Contracts Important for Wireless
Sprint CEO Dan Hesse recently made some comments about several things going on in the wireless industry. Regarding exclusive distribution agreements between network operators and handset makers, Hesse noted that the deals are important for promoting innovation in the wireless industry. He said of the FCC's investigation of the practice, "The legitimate question is how long the exclusivity periods need to be. It's a fair question." Hesse wouldn't comment on reports that Deutsche Telekom is pursuing Sprint as an acquisition target, but said of industry consolidation, "I don't know if its going to happen or if it's necessary. It's a healthy, growing industry with growth potential."
|Ummm....Not so fast Dan||Slammer||
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