Sprint's Claure: '3 to 5 Years' to Turnaround

Sprint's new CEO says he is only giving himself a limited window to turn around the fortunes of the embattled operator.

"What I know is I got hired to do a job, and I want that job to be completed in three to five years," CEO Marcelo Claure told Sprint Corp. (NYSE: S)'s hometown paper, the Kansas City Star.

Claure has already detailed the ways he expects to do this. Cutting spending at the operator, improving the network and adding enough customers to enable Sprint to turn a profit. Easier said than done of course, and Claure expects more hard work to come at Sprint. (See Sprint Promises Better LTE on Lower Capex, Sprint Swaps in a New CFO, COO & CTO and Sprint CEO: Price Cuts First, Best Network Next .)

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Sprint is also trying to fight off the challenge from a resurgent T-Mobile US Inc. and maintain its position as third-largest carrier in the US. T-Mobile passed Sprint in overall subscriber numbers in the second quarter of this year. (See US Wireless Operators' Q2 2015 Scorecard.)

— Dan Jones, Mobile Editor, Light Reading