Sprint's new Chief Executive Officer, Marcelo Claure is wasting no time in modifying Sprint's business model and strategy. Claure, the tenacious founder of Brightstar, a billion dollar telecommunications company, has a track record of bold business moves-- which is exactly what he is doing at Sprint. Claure is planning to implement cell phone plans at a cost that will be, "very disruptive" to the market next week.
Talks between Sprint and T-Mobile about a possible acquisition have ceased, according to an unnamed source. Heads of both companies have met with Federal Communications Commission Chair Tom Wheeler in recent months and it is believed that the deal was called off because of fears that it would be blocked by the FCC, antitrust regulators, and the US Judiciary. This news shouldn’t come as a surprise to anyone.
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