Wall Street Journal
WOULD-BE HIRE PUTS SPRINT ON HOLD
The appointment of Joseph Euteneuer as the new finance chief for Sprint is being delayed due to a merger involving Euteneuer’s current company, Quest.
Credit Suisse estimates that Sprint's network modernization could cost as much as USD5 billion over the next four years. Sprint, which owns a 54 percent stake in Clearwire, also may need to provide an additional USD1 billion to USD2 billion to Clearwire to finance the expansion of its 4G network, according to Credit Suisse, writes WSJ.