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story category Sprint-Nextel Names Dan Hesse New CEO
Former Embarq, Terabeam and AT&T executive
(old news - 08:41AM Tuesday Dec 18 2007)
tags: competition · business · wireless · Sprint Telecom
Tipped by Lets Golf See Profile
Sprint has announced that they've selected Daniel Hesse as president and chief executive officer of the company, effective immediately. Hesse will resign his position as CEO of Embarq Communications. Before Embarq was spun off from Sprint, Hesse was CEO of Sprint's Local Telecommunications Division for one year. Before that, he spent 23 years at AT&T. Says Sprint:
"Dan Hesse is the right person to lead our company," said board member Irvine O. Hockaday, Jr., who chaired the board's CEO search committee. "He is a proven leader with deep wireless experience as a chief executive and an established track record of generating strong operating performance. He has the board's full support to take decisive actions necessary to improve our performance."
Sprint doesn't mention it in their press release of course, but in between the time Hesse spent at AT&T and Sprint, he unsuccessfully tried to keep a broadband startup (focused on free space optics laser technology) named Terabeam from imploding. Hesse has plenty of work to do in righting the Sprint ship so it can compete with Verizon Wireless & AT&T. He also has to decide the degree of enthusiasm with which Sprint pursues their WiMax initiative, Xohm.

Related:
  1. Wireless Carriers Struggle to Adapt to Changing Times
  2. iPhone Heading To Verizon
  3. Free Cablevision Wi-Fi To Offer VoIP, Video
  4. XOHM: P2P May Be Throttled
  5. Laptop Magazine Reviews XOHM
  6. 600 XOHM Base Stations Ready To Roll In Chicago
  7. Sprint Close To Offloading Nextel
  8. Microsoft: U.S. Broadband Policy 'Total Failure'
Forums » Sprint-Nextel Names Dan Hesse New CEO
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Post a:

Steve101

@direcpc.com

Sprint just like to keep hurting themself

see you at the unemployment office

old_dawg
"I Know Noting..."

join:2001-09-22
Westminster, MD

Re: Sprint just like to keep hurting themself

said by Steve101 :

see you at the unemployment office
Just don't apply for a proofreader position or you might find yourselfs there too !
--
"Our network engineers are aware of the problem..."

jgkolt
Premium
join:2004-02-21
Lakewood, OH
clubs:

doomed

their doomed. Another teleco comes in with the monopoly mindset not the competitive business mindset.
--
3 free for you/3 free for me: Free Stock Trades : PM Me
VansHSI

join:2005-01-29
America

Re: doomed

Nice uninformed comment.

He was president of ATT Wireless back in the day - which was and is in a fully competitive environment...

old_dawg
"I Know Noting..."

join:2001-09-22
Westminster, MD

said by jgkolt See Profile :

their doomed. Another teleco comes in with the monopoly mindset not the competitive business mindset.
Another applicant for the proofreader position !
--
"Our network engineers are aware of the problem..."

gaforces
United We Stand, Divided We Fall

join:2002-04-07
Santa Cruz, CA
·Cruzio Internet

They are not doomed, thier previous ceo put them into a good position.
Thier purchases of thier affiliates, and thier wimax deals, will enable them to implement thier next generation network coast to coast with a fat pipe to the rest of the world.

Thier competition showed that the prices the bell networks charged did not reflect the cost of the service.
They are not the same company as then but ...

Competition is good.
--
‘Do ye, quieting in your bosoms your strong hearts,
Who of many good things have had your fill even to surfeit,
With what is moderate nourish your mighty desire; for neither will
We yield, nor shall you have all else as you wish.’
Solon
NY Tel
Premium
join:2004-04-09
Smithtown, NY

edit:
December 18th, @07:32PM

Re: doomed

There is no such word as Thier.
xenophon

join:2007-09-17
·Sprint Mobile Broa..

Dump iDen

Since they'll rollout the qChat PTT network on CDMA next year, they need to shutdown the iDen network ASAP. They should stop selling iDen only phones and give away iDen/CDMA/qChat combo phones next year and then shutdown the iDen network. They may lose a million users but they need to take the hit and move on.

Get that done and improve customer support and they're back on track.

inteller
Sociopaths always win.

join:2003-12-08
Tulsa, OK

Re: Dump iDen

iDEN has to go away anyways as a merger condition so I'm sure they'll get right on that.

what a huge pile of shit this guy has been handed. I would feel sorry for him if he weren't former ATT.

BillRoland
McCain 2008
Premium
join:2001-01-21
Ocala, FL
clubs:
·Cox HSI

Re: Dump iDen

said by inteller See Profile :

iDEN has to go away anyways as a merger condition so I'm sure they'll get right on that.
What merger condition would that be?
--
"Don't steal. The government hates competition."

Fred Thompson For President 2008 »www.fred08.com

stererc

@nexteldata.net
IDEN will end soon anyway . Just be in a hurry
flyingjoey

join:2005-11-07
Jersey City, NJ

new CEO or no CEO

Do I get my freaken Xohm or not?

I don't care if an Umpa Lumpa is running Sprint, all I care about is wireless high speed and who will make it possible.
xenophon

join:2007-09-17

edit:
December 18th, @11:18AM

Re: new CEO or no CEO

Whether Sprint spins off Xohm or not, WiMAX will likely happen near nationwide (100+ markets anyway) in 3 years or so. Could be owned by Google by then.

huntml

join:2002-01-23
Mullica Hill, NJ

People talk about Sprint as if it were about to fold.

It is not. It is still a profitable company. In its last quarter, though it did have a net loss in postpaid subs, it was still in the black, it hasn't had a quarter in which it posted an net loss since shortly after the merger, I think (when it took some restructuring charges).

Its balance-sheet position and capital acquisition capabilities are enough to get it through the next couple years at least without being threatened with bankruptcy, so there is still time to turn things around.
xenophon

join:2007-09-17
·Sprint Mobile Broa..


edit:
December 18th, @02:37PM

Re: People talk about Sprint as if it were about to fold.

Yeah, it's a $40B+ Fortune 100 company, 53rd in fact with over $1B profit. The car companies have had serious issues but are just too big to go away. Even if Sprint lost several million more customers, they'd still be a Fortune 100 company. Sprint will transition but it was always known it would take about 5 years. It's only been a few years so far since the merger.

»money.cnn.com/magazines/fortune/···258.html

ureihcim
Freshly made

join:2007-12-16
Miami, FL

Sprint will not fold, the only reason why people speak about it in such a way, is because the big boys can feel the heat Sprint will bring too the table once they complete the whole company reconstruction.

I been betting on Sprint ever since the merger, and now with a new CEO from his background it sounds like he can provide even better financial stability and power too the company making them competitive and at the same time not breaking the bank.

With the ability to maintain two completely different networks, merge customer service and billing systems and still gain profits every quarter and invest money in other technologies all at the same time.

Long nights and dark coffee.

supergirl

join:2007-03-20
Pensacola, FL
·Skype
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·AT&T Southeast
·magicjack.com

said by huntml See Profile :

Its balance-sheet position and capital acquisition capabilities are enough to get it through the next couple years at least without being threatened with bankruptcy, so there is still time to turn things around.
If Sprint would hire an entrepreneur CEO, they probably would succeed.

And, maybe be ONE cell system would be smart too.
--
Saving the world keeps me busy. However, I find Earth very primitive from my home planet of Krypton.
-Supergirl

huntml

join:2002-01-23
Mullica Hill, NJ

Re: People talk about Sprint as if it were about to fold.

Indeed. I am not suggesting all is sunshine and roses with the company. I just think the tone of the opinionating one sees about it is entirely hyperbolic.
--
There *are* no answers, only questions; or, rather, every answer begs another question.

A nobody

@verizon.net

Re: People talk about Sprint as if it were about to fold.

Hyperbolic is right!

tc1uscg

join:2005-03-09
Saint Clair Shores, MI
·Comcast
·WOW Internet and C..
·VoiceEclipse


edit:
December 19th, @12:51AM

said by huntml See Profile :

It is not. It is still a profitable company. In its last quarter, though it did have a net loss in postpaid subs, it was still in the black, it hasn't had a quarter in which it posted an net loss since shortly after the merger, I think (when it took some restructuring charges).

Its balance-sheet position and capital acquisition capabilities are enough to get it through the next couple years at least without being threatened with bankruptcy, so there is still time to turn things around.
Yeah, but the aholes on wallstreet keep running their traps and killing the stock. I love it when Sprint comes out and talks about 300million dollar contracts, new technology and then getting a new CEO and the stock still drops all because some overpaid crackhead on wallstreet has to get rich in the next 24 hrs. Didn't these jackoffs learn anything from the Japanese when they all but buried our car industry and other electronic companies in the 70's to present about how long term is better then no term? As sad as it is, Sprint can do no right in anyone's (media and stock brokers eyes). They have good products and a next to none network. But if they are not raking in the doe, they are crap and people talk smack about'em. Well, they have been around for over a hundred years (under different names) and they have weathered many storms. This is just one of the worst.

emp

@verizon.net

Re: People talk about Sprint as if it were about to fold.

I sell Sprint and AT&T and have sold Verizon. Verizon and AT&T only care about themselves. Sprint offers a better line up of phones, allows customers to upgrade after 1 year, willing to help out customers while their phones are under warranty. Their aircards cannot be beat. Overall it is a good Company and cares about their customers. They are however, in need of real leadership. Without it their customer svc and Account Executives have an "I don't care" attitude. In reference to IDEN phones: They should not be dropped. The walkie talkie is the best in the industry and Verizon nor AT&T can come close with their push to talk
that is not great! I am very happy selling Sprint. I like their products a lot especially the Blackberrys and aircards. I hope they do well and I have seen some good intentions and not a lot of, "I am Verizon Wireless" attitude. I wish Sprint a great 2008; they deserve it!
Forums » Sprint-Nextel Names Dan Hesse New CEO


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