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Sprint CEO to join Uber's board of directors
SoftBank has more than just a large stake in Uber -- it'll soon have some direct control as well. Recode sources understand that Sprint CEO Marcelo Claure is taking one of SoftBank's two slots on Uber's board of directors in the "next few weeks." The other slot is reportedly slated to go to Rajeev Misra, the leader of the SoftBank Vision Fund that took charge of the Uber deal. Neither Uber nor SoftBank has commented on the apparent scoop.
Essential phone is exclusive to America’s 4th biggest carrier
Essential's PH-1, the premium handset from Andy Rubin, will only be available on America's fourth biggest mobile network. USA Today broke the news after an interview with Essential's Niccolo de Masi, who said that the device would be a carrier exclusive to Sprint. De Masi told the paper that his company was "partnering with the network of the future," to help get the device into the hands of consumers.
Sprint faces 'thousands' of job cuts and price hikes
SoftBank, Sprint's Japanese parent company, made a ton of profit over the last three months, but not as much profit as people were expecting. That's largely due to it having to carry Sprint on its back, since the network has gone from plucky bronze medalist to sitting in the doldrums of fourth place in America's hotly-contested carrier wars. In order to try and reduce the amount of red printer ink that Marcelo Claure (pictured, right) has to buy, SoftBank has ordered a "sustainable run rate reduction" of more than $2 billion. In other words, the company is about to have to learn how to do a lot more with a heck of a lot less cash.
Sprint's CEO is tired of T-Mobile's 'Uncarrier bullshit'
John Legere is famous for being the sweariest man in the mobile industry, but it looks as if Sprint's Marcelo Claure now wants a run at that title. In response to a snarky tweet by the T-Mobile CEO, Claure responded by saying that he was tired of Legere's "Uncarrier bullshit." He went on a four-tweet takedown of the company's policies, saying that it "trick[s] people," and that it's "all a fake show," before adding the hashtag #Tmobilelikehell. We're fairly sure that everyone who saw the exchange made the same ooo noise that pre-schoolers do when they know there's about to be a fight in the sandbox.
Sprint cuts 2,000 jobs as its new CEO takes the reins
New CEOs frequently cut jobs to streamline their companies, and Sprint leader Marcelo Claure is proving to be no exception to the rule. The exec is cutting 2,000 jobs as part of "bold actions" he believes are needed to return the carrier to health. It's not hard to see why the layoffs are coming, unfortunately. Sprint is reporting an operating loss of $192 million during its fiscal second quarter (July through September), and it lost 272,000 of its bread-and-butter postpaid subscribers during the period -- not good when a rival like T-Mobile added 2.3 million.
Sprint names wireless sales veteran Marcelo Claure as its new CEO
There were murmurs that Sprint was about to shake up its leadership, and today it's official. The carrier has named Marcelo Claure, the head of wireless distributor Brightstar, as its new President and CEO. He'll take over from Dan Hesse on August 11th. The company doesn't have a direct explanation for the change, but it does allude to refocusing now that its attempt to buy T-Mobile has gone awry; while it would prefer "industry consolidation," it's only concerned with self-improvement in the short term. How Claure will fare isn't certain. He's known for his entrepreneurial skills and has been involved with Sprint's board for months, but this will be his first time running a provider. He'll have to get up to speed quickly if he wants to reverse the company's ailing fortunes. [Image credit: AFP/Getty Images]
