Sprint's Hesse lists the highlights of his nearly seven-year tenure at the company.
With a deadline looming, it appears that Sprint was either unable or unwilling to get rid of its Nextel iDEN assets, which had been precluded from iPCS' territory.
The wireless operator is being forced to divest some of its Nextel assets as it struggles to get back on track with even more cost cutting.
Sprint Nextel's largest affiliate is suing the wireless operator over the proposed Clearwire deal for allegedly violating an exclusivity agreement.
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Long-distance phone company Global Crossing says it has completed its acquisition of IXnet, a communications provider, and its parent company IPC Communications. The acquisition, a stock deal valued at $3.8 billion, was announced Feb. 22.