Sprint’s Cost Structure Is `Bloated,’ New CFO Robbiati Says
Sprint’s Cost Structure Is `Bloated,’ New CFO Robbiati Says Sprint Corp. Chief Financial OfficerTarek Robbiati, who joined about a month ago to help turn around the unprofitable carrier, said he will cut about 10 percent of operating costs to save $2 billion, and identified an additional $500 million of reductions in equipment spending. Robbiati outlined…
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