When was sprint profitable
Early Tuesday, Reuters reported Commerce Secretary Wilbur Ross said that building a "next-generation 5G network" was a priority for the Trump administration, echoing arguments by Sprint and T-Mobile in favor of the deal. Claure said it was still too early to go into details about what functions would be held at the combined company's second headquarters in Overland Park the "New T-Mobile" will keep its headquarters in Seattle area. But he emphasized that keeping Sprint's campus in Overland Park was a "genuine interest" for T-Mobile and that "Kansas City would remain an important center of employment.
Referring to Amazon's headquarters-hunting effort, Claure said it's "quite common" for Seattle-area companies to maintain a second headquarters outside that area to meet their talent needs.
You can have a site of employment with lots of talent where the cost of living is not that high. Sprint most recently reported employing 6, at its Overland Park headquarters. Please Sign In and use this article's on page print button to print this article.
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But its strong results could make it harder for T-Mobile and Sprint to convince regulators that Sprint can't remain competitive on its own. Sprint has The Federal Communications Commission must review the merger to determine whether it's in the public interest.
The Trump administration's FCC has been friendlier to the telecom industry and is less likely to block a merger than it was during the Obama years. Claure boasted of Sprint's results in a Twitter thread. Besides improved financial results, Claure said that Sprint's average download speeds "are up an amazing 36 percent" year over year.
The five-year turnaround plan is coming to fruition, with "customer growth, reduced costs, profitability, and improved network performance all at the same time," he wrote.
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