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Sprint names new CEO, drops T-Mobile bid

August 7, 2014
THE ASSOCIATED PRESS

NEW YORK - Sprint's new owner is replacing its longtime CEO with a Bolivian billionaire and entrepreneur after dropping its bid for rival wireless carrier T-Mobile US. Marcelo Claure, the CEO of Miami-based cellphone distributor Brightstar, will replace Dan Hesse on Monday, Sprint Corp. said Wednesday.

 
 
 

 

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