Sprint's CEO faces mounting challenges to turn company around


UPHILL BATTLE: The newly installed Sprint Corp CEO has a daunting task ahead of him as he tries to turn around the No 3 US cellular provider, with the outlook becoming bleaker by the day.

WASHINGTON: When Marcelo Claure took the top job at Sprint Corp two months ago, he faced an uphill climb in turning around the No 3 US cellular provider. It soon became clear quite how steep that road to recovery will be. 

The Bolivian entrepreneur, who was installed as CEO after the collapse of merger talks with T-Mobile US Inc, already faced the task of stemming growing subscriber defections as the company seeks to upgrade its subpar network. 

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