Sprint

Economy
4:00 pm
Mon November 3, 2014

Sprint Announces 2,000 Layoffs

Sprint Corp. is owned by Tokyo-based SoftBank Corp., but the telecommunications firm's headquarters is in Overland Park, Kan.
Credit Mike Mozart / Flickr--CC

Sprint Corp. announced Monday that it would layoff at least 2,000 employees.

The cuts, which are expected to save Sprint around $400 million, are part of an aggressive cost-cutting package introduced by CEO Marcelo Claure, a Bolivian businessman who took over from ousted CEO Dan Hesse in August.

“The Sprint brand was weak," Claure told investors during an earnings call Monday. "We had no clear value proposition for consumers. The measure of our own customer’s willingness to recommend Sprint was the lowest among the four big wireless carriers.”

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Economy
3:55 pm
Fri October 3, 2014

Sprint Begins Round Of Layoffs

Sprint Corp., whose U.S. headquarters is in Overland Park, Kan., started a round of layoffs on Tuesday.
Credit Julie Denesha / KCUR

 

Overland Park-based Sprint Corp. has begun a series of workforce reductions, according to documents the Kansas telecommunications company filed Friday with the Securities and Exchange Commission.

The filing didn’t say how many employees would be affected by the layoffs, which the company began to implement on Tuesday.

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Tell KCUR
8:45 am
Fri September 19, 2014

How One Sprint Employee Is Bracing For Expected Layoffs

Officials at Sprint Corp., which employs roughly 7,000 people at its U.S. headquarters in Overland Park, Kan., expects job cuts in the fall.
Credit Julie Denesha / KCUR

Last week, Overland Park-based Sprint Corp. officials indicated job cuts were coming in the fall.  

The extent of the layoffs at the Kansas company, which employs roughly 7,000 people locally, hasn’t been divulged, but at least one Sprint worker is taking the news to heart.

“Personally, I am cleaning everything out of my cube,” said Peg McMahon, a Sprint employee who responded to our Tell KCUR question of the week.

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Tell KCUR
4:31 pm
Mon September 15, 2014

Tell KCUR: How Do You Prepare For A Layoff In Kansas City?

How do you prepare for a layoff in Kansas City? Tweet us your answer with the #TellKCUR hashtag.
Credit Courtesy photo / KCUR

As one of the Kansas City area’s largest employers is bracing for another round of job cuts, the community is busy speculating on how large this wave will be.

Last week, Overland Park-based Sprint Corp.’s new CEO, Marcelo Claure, told investors that as the telecommunications company attempts to cut costs, the firm also would shed management employees, the Kansas City Business Journal reports.  

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Arts & Culture
5:30 am
Sat September 6, 2014

Corporate Rockers Win Battle Of The Band Challenge

Sprint's Cleyson Brown Unlimited is one of eight bands to compete in this year's FORTUNE Battle of the Corporate Bands.
Credit courtesy: Rock and Roll Hall of Fame

Update: Sprint's Cleyson Brown Unlimited won first place. The band was also recognized for Best Horns (David Freeland), Best Bass Player (Frank Minolfo), and Best Drummer (Jason Smith). 

Original post follows: 

Companies around the country will be in heavy competition this weekend - on stage, with musical instruments.

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Education
7:48 am
Mon August 11, 2014

Kansas City's Lean Lab Looks To Entrepreneurs To Improve Education

Lean Lab's Carrie Markel and Katie Boody think outside of the classroom to solve educational problems.
Credit Lean Lab

The Sprint Accelerator, is a sleek, modern communal work space occupying two floors of an old brick building in Kansas City’s Crossroads neighborhood. It has white board walls and tables for entrepreneurs to sketch out their ideas. It features massive oddly shaped chairs, lots of sunlight, and the startup-requisite game room featuring indoor shuffleboard and foosball.

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Economy
7:51 am
Thu August 7, 2014

Failure Of Sprint Merger Bid Leaves Kansas City Unsure About Future

Trees frame the clock tower at Sprint Nextel Corp., based in Overland Park, Kan.
Credit Julie Denesha / KCUR

The death of a merger proposal between Sprint and T-Mobile may have been bad news for the Kansas City company — stock prices dropped 19 percent Wednesday. But the news has some locals breathing a sigh of relief. It means Sprint is staying put, for now.

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Business
7:33 pm
Tue August 5, 2014

Reports: Sprint, T-Mobile Merger Off, Hesse Out As CEO

Sprint Corp., will end its pursuit of T-Mobile, according to reports Tuesday.
Credit (Peggy Lowe/KCUR)

Sprint Corp. is ending its attempt to acquire T-Mobile US Inc., and Dan Hesse will no longer be CEO of the company, according to media reports out Tuesday.

The Wall Street Journal reports that "people familiar with the matter" say Sprint and its parent company SoftBank will not pursue the deal any further because it would too difficult to win approval from regulators.

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Economy
8:00 am
Tue July 22, 2014

What Would A Sprint, T-Mobile Merger Mean For Kansas City?

Speculation has been building over recent weeks about a possible deal between Sprint parent company SoftBank and T-Mobile to merge the two wireless carriers.
Credit Peggy Lowe / KCUR

Talk of the proposed $32 billion merger of Sprint and T-Mobile continues to bubble, raising serious questions about the future health of the Kansas City regional economy. 

The deal is still just rumored – and it's unknown if federal regulators will approve it, how it will be structured and even whether Sprint or T-Mobile would be the lead company in the deal.

What is clear is that Sprint is a vital company to the Kansas City area, and that the proposed merger comes at a delicate time for the regional economy.

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Up to Date
4:05 pm
Tue June 24, 2014

Sprint And T-Mobile: How Corporate Mergers Work

Credit Robert Nazarian / talkandroid.com

When Sprint CEO Dan Hesse appeared on a recent episode, he didn’t say much about the anticipated merger of his company with T-Mobile. Since then, talk of a merger between the third and fourth largest US wireless companies hasn't diminished. And one of the companies is based right in our backyard.

On Tuesday's Up to Date we explore the process of corporate mergers and what this one might mean for Sprint's Overland Park campus.

Guests:

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Sprint
3:19 pm
Tue June 10, 2014

Sprint CEO Dan Hesse On T-Mobile, HD Audio And Work-Life Balance

Sprint CEO Dan Hesse sat down with Steve Kraske to talk about the recent rumors and changes surrounding the company.
Credit John Taylor / Flickr-CC

When Sprint Corp. CEO Dan Hesse took the helm of an ailing telecommunications corporation seven years ago, he had his work cut out for him.

In the past year, things have moved very quickly for the company, with a majority buyout by Japan-based SoftBank Corp., layoffs and recent rumors of a merger deal with T-Mobile.

On Tuesday's Up to Date, Steve Kraske sat down with Hesse to discuss the whirlwind of activity surrounding Sprint, and what it all means for consumers.

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Up to Date
9:00 am
Tue June 10, 2014

A Look At Sprint With Its CEO

Dan Hesse is the CEO of Sprint.
Credit John Taylor / Wikimedia Commons

When it comes to employment and industry, Sprint is a giant in Kansas City, but that status doesn’t come without some issues.

On Tuesday's Up to Date, Sprint CEO Dan Hesse joins us to talk about rumors of a potential merger with T-Mobile, what a recent quarterly report says about the company and what presses Hesse’s buttons when it comes to audio quality.

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Business
9:59 am
Thu June 5, 2014

Reports: Sprint Works Out $32 Billion Deal With T-Mobile

Sprint Corp. has worked out a $32 billion deal to acquire T-Mobile US Inc., according to reports Wednesday.

The deal was reported by varying media outlets, including the Kansas City Star, but no sources were identified. Sprint has not confirmed the reports and a spokesman for the company declined to comment to The Star.

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Economy
7:45 am
Wed March 12, 2014

Sprint Chairman Takes Case For T-Mobile Merger To The Public

Sprint Corp. chairman, Masayoshi Son, speaks at a SoftBank summit in 2008.
Credit nobihaya / Flickr--CC

Masayoshi Son, SoftBank Corp. CEO and chairman of Overland Park-based Sprint Corp., promises lower prices and faster service — if he’s allowed to buy T-Mobile.

Son, who heads Sprint’s parent company SoftBank, says merging Sprint with T-Mobile would create a stronger competitor to the big guys, Verizon Wireless and AT&T Inc.

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Business & Tech
6:00 am
Thu January 9, 2014

Sprint Eyes Difficult Merger With T-Mobile

There have been rumors Kansas City-based Sprint Corp. may be interested in merging with wireless competitor, T-Mobile.
Credit Consumerist dot com / Flickr--Creative Commons

Sprint Corp., based in Overland Park, Kan., has been losing subscribers to bigger rivals for years. One way to reverse that trend would be to merge with another carrier, and Sprint is reportedly eyeing the fourth largest wireless provider, T-Mobile, for acquisition.  

When the Wall Street Journal published a report, citing unnamed sources, that Sprint was getting ready to try to buy T-Mobile, lots of industry analysts treated it as old news.  

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Business & Tech
2:52 pm
Mon December 30, 2013

Brace Yourself For A Faster Sprint In 2014, CEO Says

Dan Hesse, CEO of Sprint Corp.
Credit John Taylor / Wikimedia-CC

Sprint Corp. CEO Dan Hesse won't confirm reports that his company may one day merge with wireless carrier T-Mobile, but he did have lots to say about Sprint's future in an interview with Marketplace host David Brancaccio.

Hesse told Brancaccio 2013 was a year of rebuilding, and that he thinks Sprint customers will consider worth it when those efforts are completed in 2014.

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KC Currents
11:19 am
Thu October 10, 2013

Sprint Pushes Medical App Development With KC Boot Camp

Sprint's Kevin McGinnis speaks at Accelerator launch.
Credit Alex Smith / KCUR

In his Overland Park, Kan. office, Dr. Rohit Krishna administers an eye test, but he isn't using big contraptions or wall charts. Krishna administers the entire test on his iPad using an app called The Eye Handbook. Krishna created The Eye Handbook about four years ago with other University of Missouri - Kansas City medical professors and residents. It is designed especially for use in countries that don't have a lot of medical services.

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KC Currents
11:36 am
Mon July 1, 2013

4 Things You Should Know About The Sprint-SoftBank Deal

Reporter Mark Davis covers Sprint and the wireless industry for the Kansas City Star. He sat down with KCUR's Susan Wilson to discuss the details of the Sprint-SoftBank deal, and what it means for Sprint customers and the Kansas City area at large.

Here are four major takeaways from the interview:

1. Sprint customers should see better service

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Business & Tech
10:21 am
Tue June 25, 2013

Sprint Shareholders Approve $21.6 Billion Deal With SoftBank

Shareholders in Sprint Nextel Corp. have approved a $21.6 billion sale of 78 percent of the company to Tokyo-based SoftBank Corp.

The vote in Overland Park, Kan. Tuesday comes at the end of months of negotiations that originally included a $25.5 billion offer to buy all of Sprint from Dish Network. Dish Network has since retreated from that offer, but may still pursue shares of Sprint network provider, Clearwire.

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Business & Tech
9:42 am
Tue October 16, 2012

Sprint CEO, Employees Positive About Softbank Deal

Financial "work in progress" is underway at the Overland Park, KS. wireless giant.
Dan Verbeck KCUR

If regulators and shareholders approve the deal, Japanese company SoftBank will buy a 70% share in Overland Park-based Sprint Nextel. 

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Business & Tech
7:26 am
Mon October 15, 2012

Japanese Cell Phone Company And Sprint Announce Deal

Tokyo-based mobile phone company Softbank Corp. has reached a deal to acquire 70 percent of Sprint Nextel for $20 billion.

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Business & Tech
10:04 am
Thu October 11, 2012

Sprint Nextel Confirms Acquisition Talks

Overland Park-based Sprint Nextel has confirmed that Softbank Corp., which owns a large mobile carrier in Japan, is in talks to purchase a commanding stake in Sprint.

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