Deals
Sprint CEO Hesse Seeking More Deals as Data Demand Surges: Tech
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Sprint Nextel Corp. Chief Executive Officer Dan Hesse said he’s on a hunt for wireless spectrum after watching Verizon Wireless and AT&T Inc. devour more and more of the mobile-phone industry’s most precious resource.
Sprint, the third-largest U.S. wireless carrier, needs to add capacity to keep its data service from buckling in the future as more users watch sports and music videos on phones and tablets. The company is looking for deals with other companies or through government sales, Hesse said in an interview.