Sprint Nextel

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Title: Sprint Nextel

Essay Details:

Subject: Miscellaneous

Author: Beverly H

Date: January 29, 2012

Level: University

Grade: A

Length: 2 / 553

Essay text:

As a result investors were not happy over the company’s overall performance. CEO Gary Forsee stepped down as chairman and chief executive in October, 2007. Sprint management has developed strategic plan to achieve growth and profitability. It has to steal customers from competitors. To attract new subscribers, it has to introduce a new innovation that no other competing company has introduced in the market before. Sprint planned the introduction of a new wireless network using a technology called WiMax. The total commitment of the company to spend for the coming three years to build the network is $5 billion, approximately $2B to be spent in 2008 with a goal for this new technology to cover approximately around 100 million people by the close of the year...

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