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Economy

Brace Yourself For A Faster Sprint In 2014, CEO Says

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Sprint Corp. CEO Dan Hesse won't confirm reports that his company may one day merge with wireless carrier T-Mobile, but he did have lots to say about Sprint's future in an interview with Marketplace host David Brancaccio.

Hesse told Brancaccio 2013 was a year of rebuilding, and that he thinks Sprint customers will consider worth it when those efforts are completed in 2014.

SoftBank Corp., which has a Tokyo headquarters, purchased a majority stake in Sprint, which is based in Overland Park, Kan., earlier this year.

"Sometimes, we use the analogy of 'The Three Little Pigs'," Hesse said. "We're the third pig who's building that brick house, who's taking a little longer, and there is a bit of disruption."

Hesse said next year, customers will be introduced to Sprint Spark, which the company announced Oct. 30 for five major metropolitan areas.

Spark is Sprint's accelerated data network that Hesse says will work at about 50 megabits per second. He also says customers will have better sound quality on calls.

You can read more of Brancaccio's interview with Hesse on the Marketplace website.

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