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Brightstar founder will replace Dan Hesse, as Sprint board members vote against proceeding with the $32 billion acquisition of T-Mobile US
Profits fall 9.4 per cent to £7.9bn in the most recent financial year, with Verizon contributing £3.2bn until its sale in September
The operator said it will spend £6 billion made from the sale on ‘Project Spring’, aiming to accelerate 4G rollout and expand its unified communications offering
Operator will announce how it plans to use funds in its forthcoming annual financial statement
Operator’s UK arm would be taken over by AT&T if FT-reported deal goes through