25 January 2017
| James Pearce
Sprint has appointed Néstor Cano to the newly-created role of chief operating officer, reporting directly to CEO Marcelo Claure.
He will take up his position from 2 February and will be
tasked with delivering operational excellence, driving expense
reductions, and strengthening systems and processes across the
business, Sprint said.
"Sprint has already undergone tremendous change and has seen
great improvement under Marcelo’s leadership,"
Sprint recently announced an investment in music streaming
service Tidal, set up by rapper Jay Z. It has been a
challenging few years for the operator, which was surpassed by
T-Mobile in terms of mobile subscriptions in 2015.
Claure became CEO 2014 after joining from Brightstar, the
distributor he founded which is also owned by Sprint-parent
He said: ""I’m so proud of the progress Sprint
made in 2016, and now it’s time to accelerate our
turnaround with operational excellence and superior
"Néstor is a proven transformation leader with an
incredible work ethic. His experience running low-margin
businesses with low operating expenses will help Sprint
continue its transformation and improve execution at all levels
of the organization."