Sprint Nextel is looking for replacements at the top of its corporate food chain.
On Thursday, the beleaguered wireless carrier said that three of its top execs, including Chief Financial Officer Paul Saleh, are leaving the company effective Friday. The company named Senior Vice President and Controller William Arendt as the interim CFO, while it searches for a permanent replacement.
Tim Kelly, chief marketing officer, and Mark Angelino, president of sales and distribution, are also stepping down.
Sprint has been in the process of reshaping its executive team for the past few months. Chief Executive Officer Gary Forsee was the … Read more
A banner at the Moscone Center in San Francisco where Apple will host its annual Macworld conference has many in the technology sector buzzing about a possible wireless announcement coming from CEO Steve Jobs' keynote on Tuesday.
The banner that reads "There's something in the Air" has prompted much speculation that Apple is readying itself for another big wireless announcement. The most persistent rumor is that Apple will include WiMax on Apple notebooks.
Sprint Nextel is preparing to cut thousands of jobs, according to the The Wall Street Journal.
The company's new CEO, Dan Hesse, is supposedly trying to show investors that he is serious about cutting costs, the newspaper's Web site reported late on Monday. A Sprint representative declined to comment on the story.
Exactly how many people could lose their jobs is not yet known. Last year the company cut about 5,000 jobs. At the end of the last quarter Sprint reported it had roughly 60,000 employees.
Sprint is the third-largest cell phone company in the U.… Read more
At a party during CES, we sniffed out potential new technology from Harman International that combines wireless transmission with lossless audio. We stumbled on a display unit using the MyGig entertainment system, built by Harman for Chrysler, labeled Harman Wireless. A Harman representative on the scene said that he couldn't tell us anything about the technology, so we talked to him for as long as we could to try and get a few details. From what we could piece together, Harman is working on a device that will use some kind of wireless technology, possibly WiMax, to receive lossless … Read more
Today's Internet, he said, is a "go-to" Internet.
"The Internet reacts to our requests rather than anticipating them," he told the conference at the Venetian Hotel and Casino.
In the future, he predicts Internet services will be more proactive, predictive and context aware.
"The Internet … Read more
With a mandate to "improve execution across the board," wireless carrier Sprint Nextel named industry veteran Dan Hesse as its president and CEO.
Hesse is a former AT&T Wireless executive and was head of Embarq, the telephone division Sprint spun off in May last year, so he knows his way around the telecommunications business, but his new job nonetheless comes with considerable pressure.
The company's search for a new chief executive began in early October, when the Sprint board pushed out chairman and CEO Gary Forsee and tapped Chief Financial Officer Paul Saleh to become acting CEO. … Read more