Updated Oct. 1, 2012 at 5:48 a.m.
New York — Sprint is in the second phase of a three-part turnaround under Gary Hesse, who was hired in December 2007 to fix damage caused by the acquisition of Nextel. The past four years were a recovery period during which the company cut staff by a third, moved to wind down the Nextel network and turned its focus to developing a faster network using long-term evolution, or LTE, technology....
Stock surging, Sprint gears up to challenge AT&T, Verizon Wireless
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New York — Sprint is in the second phase of a three-part turnaround under Gary Hesse, who was hired in December 2007 to fix damage caused by the acquisition of Nextel. The past four years were a recovery period during which the company cut staff by a third, moved to wind down the Nextel network and turned its focus to developing a faster network using long-term evolution, or LTE, technology....
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