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.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags business issuessprintpersonneltelecommunicationT-Mobile USA

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Marc Ferranti

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?