Sprint’s new CEO, Marcelo Claure says price cuts, network fixes, and job cuts are coming

In what was basically an admission of an inferior network, Sprint’s shiny new CEO, Marcelo Claure, stated in an employee meeting Thursday that he aims to bring disruptive new rate plans to market next week.



Mr. Claure presented three points in the company-wide meeting: reduce prices, improve the network, and “optimize Sprint’s cost structure.” The company is “going to change [its] plans to make sure they are simple and attractive and make sure every customer in America thinks twice about signing up to a competitor.”



To justify what are said to be “very disruptive” rate plan changes, ...



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