LightSquared's CEO quits, company not ready to pull the plug yet
0. phoneArena 29 Feb 2012, 01:03 posted on
LightSquared faces another setback as its CEO,Sanjiv Ahuja, says he is leaving the company; the mobile network wholesaler says it has started the search for a replacement and for now, Chief Network Officer Doug Smith and Chief Financial Officer Marc Montagner will serve as interim Co-COOs...
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1. Sniggly (Posts: 7305; Member since: 05 Dec 2009)
Sprint just can't seem to pick a tower partner that doesn't go bankrupt. Misery loves company, maybe?
5. KParks23 (Posts: 581; Member since: 13 Oct 2010)
Well it was a stupid decision going with wimax anyway they should of went lte in the first place and I said that a long time ago when I saw vzw was goin lte they screwed themself making dumb business moves sprint needs to take the same EXACT steps vzw makes if they want to stay in business cuz let's be honest sprint is pretty dependant on vzw with towers and other things so to go lightsquared when vzw was goin lte not to smart at all... I think sprint is a great company and has great service for low prices so I hope they get there crap straight
2. hornetmx (Posts: 71; Member since: 12 Mar 2010)
No kidding there. However it's a good sign for Sprint users since Sprint will be forced to keep prices down. Funny how people nowadays brag about how sprint is cheap and "unlimited" but they forget Sprint was basically forced to lower their prices after they started bleeding customers by the millions in the early 2000s. People think Sprint is a really nice, great company because they keep their prices low. They dont realize Sprint wishes they could charge as much as AT&T or VZW but they wouldnt have any customers if they did. I dunno how long Sprint will stay in business and that's sad because we are talking american jobs, but to those loyal Sprint users.. enjoy it while it lasts. They cannot compete at these prices and they keep running out of arguments to raise them with poor decisions (Wimax, Iphone and Lightsquare being an example of the last few).
3. droidguy2323 (Posts: 55; Member since: 23 Sep 2011)
I SEE SPRINT BEING IN THE SAME POSITION R.I.M IS IN COME 2014.
4. downphoenix (Posts: 3155; Member since: 19 Jun 2010)
AT&T and Verizon's lobbying work is done here folks. They were unsuccessful in swallowing T-Mobile whole because the justice department got in the way, so they hit up the politicians instead at Capital Hill to hit Sprint hard since they fought their agenda with T-Mobile. And Sprint will be hit hard. This will severely weaken their plans to get LTE services up and running.