Sprint Corporation

Sprint Corporation

Sprint Corporation, commonly referred to as Sprint, is surely an American telecommunications holding company that provides wireless services which is a serious global Internet carrier. Oahu is the fourth largest mobile network operator in the usa, and serves 60.2 million customers as of October 2016. The organization now offers wireless voice, messaging, and broadband services through its various subsidiaries under the Boost Mobile, Virgin Mobile, and Assurance Wireless brands, and wholesale use of its wireless networks to mobile virtual network operators. The business is headquartered in Overland Park, Kansas. In July 2013, a lot of the company was purchased by Japanese telecommunications company SoftBank Group Corp., although the remaining shares of the company continue to trade around the Lse.

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Sprint traces its origins to the Brown Telephone Company, that was founded in 1899 to deploy voice service to the rural area around Abilene, Kansas. In 2006, Sprint exited the neighborhood landline telephone business, spinning those assets off right into a newly created company named Embarq, which later has been a part of CenturyLink. The corporation remains one of the largest long distance providers in the United States.

Before 2005, the company was also called the Sprint Corporation, but took the name Sprint Nextel Corporation in the event it merged with Nextel Communications that year. In 2013, following the shutdown from the Nextel network and concurrent together with the acquisition by SoftBank, the business returned to getting simply Sprint Corporation. In July 2013, as part of the SoftBank transactions, Sprint acquired the rest of the shares of wireless broadband carrier Clearwire Corporation which it did not already own.

On August 6, 2014, it had been announced that CEO Dan Hesse could be replaced by Marcelo Claure, effective August 11, 2014. Claure is the founder and former CEO of wireless supplier Brightstar.

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