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Gigaom conversation with Dan Hesse of Sprint
- mathattack 14y agoIs the story consistent with the 5 year performance of the stock? http://finance.yahoo.com/echarts?s=S+Interactive#symbol=s;range=5y;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined http://finance.yahoo.com/echarts?s=S+Interactive#symbol=s;ra...; Quoting the article, "When Dan Hesse took over the reins of Sprint on Dec. 17, 2007, he had quite the mess on his hands. That fourth quarter, Sprint was getting ready to announce not just an exodus of 683,000 subscribers but also an astounding financial loss of $29.5 billion, one of the largest ever recorded by a major U.S. company. Sprint’s acquisition of Nextel two years earlier was a heavy albatross around its neck. Its customer service had gone down the tubes, employee morale was low, and the company culture fractured; worst of all, Sprint’s once loyal subscribers were fleeing in droves. Hesse knew he was taking over a struggling company, but in an interview with GigaOM he admitted that even he didn’t realize the magnitude of Sprint’s troubles until he arrived. “When I took over the assignment the problems were more severe than I anticipated,” he said. Hesse staring in one of many Sprint “Simply Everything” commercials Fast forward five years, and it’s plain to see Sprint has turned several corners. "