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Sprint Nextel (S) Names Matt Carter as 4G President

December 10, 2009 11:39 AM EST
S Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)

EPS Growth %: -93.3%
Sprint Nextel (NYSE: S) has named Matt Carter, 48, as President - 4G, to oversee the company's continuing roll-out of fourth-generation broadband wireless services. The appointment will be effective January 11, when Carter moves from his current role as Vice President - Sprint Prepaid.

Carter's current Boost Mobile leadership team will report directly to Dan Schulman, President - Prepaid.

Carter joined Sprint in 2006 as Senior Vice President for base management, before taking the position at Boost in 2008. Previously, he served as Senior Vice President, Marketing at PNC Financial Services Group; Chief Marketing Officer for Leap Wireless International (Nasdaq: LEAP; and Chief Marketing Office for Security First Network Bank. Carter also held marketing positions at BellSouth Corporation, the Coca-Cola Company (NYSE: KO), Bristol Meyers Company and Raytheon Company (NYSE: RTN).

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