Sprint Nextel may be considering some big changes to its WiMax strategy, which might include a merger with start-up service provider Clearwire, according to a story in The Wall Street Journal on Friday.
Sprint Nextel is supposedly weighing its options on the matter as it looks for a new CEO, the article said. The company's former CEO Gary Forsee was forced out of the company last month. Sprint, the third largest wireless operator in the United States behind AT&T and Verizon Wireless, has been bleeding customers for the past few quarters as it deals with integrating the … Read more
But what about the … Read more
I love wireless Internet.
I know, I'm hardly alone. There is no end to the number of road warriors and writers in cafes and rural professionals whose incomes and lifeline to friends and family depend on getting online on the go.
But after spending a few days away from connectivity, I'm really struck by just how vital Wi-Fi and other methods of getting on the Internet wirelessly are to me.
I noted the other day that I had managed, via an EV-DO card, to get a connection, albeit a slow one, while visiting my in-laws. This was ground-breaking, … Read more
Sprint Nextel said Monday that CEO Gary Forsee has stepped down as chairman and chief executive officer effective immediately.
Forsee's departure comes as investors, upset over the company's poor performance, have put pressure on the board of directors to make a change at the top.
The company said Chief Financial Officer Paul Saleh will become acting CEO until the board is able to find a replacement for Forsee. And board member James Hance, Jr., will assume the role as a non-executive chairman of the board, the company said.
Board member Irvine Hockaday said the company is focusing its … Read more
It looks like Sprint Nextel's CEO Gary Forsee will soon get the boot, which could spell trouble for the company's WiMax network.
According to a story published by The Wall Street Journal late Thursday, the company's board of directors is fed up with Sprint's poor performance and they're laying the blame on Forsee and company.
The story didn't identify sources by name, but referred to "informed people" who said the board of directors had already launched a search for a new CEO in August. Several high-profile candidates have been approached for the … Read more
Activist investor Ralph Whitworth is continuing to put pressure on Sprint Nextel CEO Gary Forsee, according to the Wall Street Journal.
Whitworth, who owns about 2 percent of Sprint's outstanding stock, told the WSJ that he has lost confidence in Forsee. While he stopped short of asking for Forsee's resignation, he said he'd like to see the company's board of directors make some management changes to get the company back on track.