Tag:

SoftBank

Latest Headlines

Latest Headlines

Sprint replaces CFO Euteneuer with former Telstra exec Tarek Robbiati

Sprint shook up its senior executive team and said that CFO Joe Euteneuer will be leaving the company and will be replaced by Tarek Robbiati. The carrier also brought in a new executive, Günther Ottendorfer, to be COO of technology. Sprint also promoted John Saw to be CTO, replacing Stephen Bye, who left the company late last month.

Softbank's Arora: Sprint's Claure will make things happen with turnaround

ASPEN, Colo.--Softbank made a big bet when it bought 80 percent of Sprint for $20.1 billion in 2013 and a top executive at the Japanese operator said today that the company is poised to make a turnaround, led by CEO Marcelo Claure.

SoftBank taps Huawei, ZTE for more network R&D

Japan's SoftBank Group is ramping up its R&D with a pair of initiatives aimed at improving network efficiencies with Chinese vendors ZTE and Huawei.

Sprint paid CEO Claure $21.8M for fiscal 2014, making him among highest-paid telecom execs

Sprint paid CEO Marcelo Claure nearly $21.8 million in total compensation for its fiscal year 2014, which ran until the end of March 2015, according to a Securities and Exchange Commission filing. The disclosure makes Claure among the highest-paid executives in the U.S. telecommunications sector and also places him above executives from Verizon Communications and AT&T on a pro-rata basis, since Claure only became CEO of Sprint in August 2014.

Analyst: SoftBank's Son taking more active role in Sprint's network as densification planning nears completion

Sprint Chairman and SoftBank CEO Masayoshi Son is taking a more active role in planning Sprint's network densification project according to a report from Wall Street firm Macquarie Capital. Further, analysts there think Sprint is going to embark on a plan that will be primarily focused on deploying small cells.

Sprint gets OK from SoftBank to move ahead on network densification plan

Sprint has received approval from parent company SoftBank to proceed with its massive network densification program, the carrier confirmed.

Sprint's Claure heads to Japan to get Son's sign-off on network densification plan

Sprint CEO Marcelo Claure left for Japan yesterday to meet with SoftBank CEO and Sprint Chairman Masayoshi Son to discuss Sprint's network densification project. According to one Wall Street research firm, Sprint may soon boost its capital expenditures for 2015 once Son signs off on the plan.

SoftBank's Son names Arora as his successor, says company will continue looking overseas

SoftBank CEO Masayoshi Son promoted former Google executive Nikesh Arora to the role of president of SoftBank--and essentially designated Arora as his successor, an indication that SoftBank will continue to look beyond its native Japan for growth. Son said SoftBank, which controls 80 percent of Sprint, will be a global company and will continue to invest in mergers and acquisitions following its $21.6 billion deal to take control of Sprint in 2013.

Ericsson, GMA to showcase 'Multi-Domestic Service' M2M platform at MWC

Ericsson and the Global M2M Association (GMA) will showcase their "revolutionary" new Multi-Domestic Service at Mobile World Congress 2015. The GMA calls it one of the most innovative M2M connectivity management services on the market, enabling global deployment and management of M2M and Internet of Things services.

Report: SoftBank to wind down Silicon Valley offices following collapse of T-Mobile deal

Sprint parent SoftBank plans to clear out most of the staff of its Silicon Valley offices, according to a Reuters report, following SoftBank's aborted effort to merge Sprint with T-Mobile US.