CEO Masayoshi Son confirmed the company would need "greater scale" if it could even pretend to compete in the U.S. market dominated by Verizon and AT&T. The U.S.' fourth largest carrier, T-Mobile, has been taking market share quickly thanks to innovative pro-consumer moves like price cuts and true unlimited data.
Sprint has been rumored to be trying to merge with T-Mobile, and Son had kind words for the carrier: "I strongly admire them. I strongly admire the price disruption." The executive also praised the leadership of T-Mobile CEO John Legere.
As far as Sprint's shoddy network is concerned, Son says, "I've only owned the company for six months. It takes a few years to build. We have to design the network."
Source:
Reuters
Written by: Andre Yoskowitz @ 31 May 2014 13:24
