Categories: CEOs in the News

New Sprint CEO Brings Game and Spirit to Wireless Firm

Sprint Chairman Masayoshi Son on Wednesday named the the Bolivian-born billionaire to head the third-largest wireless company in the U.S. Claure, 43, is a known quantity to Son, who is also CEO and chairman of Softbank, which owns Sprint.

Softbank had already invested in the Miami-based Latin American wireless distribution firm Brightstar, which Claure founded in 1997 and grew to $10.5 billion in revenue last year, doing business in more than 125 countries. Softbank will now purchase Claure’s Brightstar shares, growing its majority stake to 90.8%.

Read more: USA Today

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