Sprint Corporation (S) Is Ready For Aggressive Moves With New CEO

According to Bloomberg News, Marcelo Claure, the new Chief Executive Officer of Sprint Corporation (NYSE:S) is working on new plans for pricing to increase the competitiveness of the company.

Sprint (S)

The chairman of the Sprint Corporation (NYSE:S), Masayishi Son has mentioned about him saying:

“Marcelo is just like a street fighter. His face is like a bandit. When I first met him, I said, ‘You look like a bandit’”. Son also has explained why he called Claure a “street Fighter”. Son said on Saturday, “When he came to the U.S., he had only $100 in his pocket and then he made a company with sales of 1 trillion yen. In that sense, he is the street fighter.”

80 percent share of Sprint Corporation (NYSE:S) is owned by SoftBank and this Japanese company is putting high hope with Sprint for getting back in business with expected growth.

Sprint Corporation (NYSE:S) is a wireless communications company providing wireless and wireline communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company has a market cap of $22.6B and posted revenue of $35,41B and net income of $1.13B in 2013.
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