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Thread: Report: LightSquared eyes former Nextel chief Donahue for CEO spot

  1. #1
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    Report: LightSquared eyes former Nextel chief Donahue for CEO spot

    LightSquared is considering hiring former Nextel CEO Tim Donahue as its new chief, according to a Reuters report. The report, which cited an unnamed source, did not indicate how close LightSquared was to hiring Donahue, a long-time telecom industry veteran.

    Sanjiv Ahuja said Tuesday he would step down as the CEO of LightSquared. Two other LightSquared executives, Doug Smith and Marc Montagner, were named as the company's interim co-chief operating officers while LightSquared searches for a new CEO. Importantly, the company said it is not abandoning its plan to build out a nationwide wholesale LTE network.

    A LightSquared spokesman declined to comment on the Reuters report. A spokesman for Harbinger Capital Partners, the hedge fund backing LightSquared, also declined to comment.

    Read more: Report: LightSquared eyes former Nextel chief Donahue for CEO spot - FierceWireless http://www.fiercewireless.com/story/...#ixzz1ntBTg3um

    I thought Nextel people would enjoy some news about your patron saint. I'm surprised that it took so long for his name to surface again. Maybe people in the know know more than we do?!

  2. #2
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    Sure they do. Ask Sprint, Nextel subscribers don't know JACK!!
    “Right now, I’m glad we have the iDEN network,” Hesse said. “I wouldn’t have said that 18 months ago, but I am now ... from a financial perspective.”

    NEXTEL. Done. I guess that's "Life at SprintSpeed"

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