Now that Sprint has finally gobbled up Clearwire, we’ll have to wait to see what the country’s third largest carrier plans to do with the assets.
This much we do know: Clearwire’s longtime boss, Erik Prusch, won’t be a part of any future plans. A spokesman for Clearwire confirms that Prusch is leaving the company. He will stay on board in an advisory role in the coming weeks, but he will not have a role at Sprint going forward.
Other execs may be following in Prusch’s path as well, in addition to Clearwire employees.
“Sprint is currently assessing the needs of the organization going forward and will communicate those plans to executives and employees as soon as possible,” a Clearwire spokesman told GeekWire Tuesday afternoon.
It was unlikely that many of the execs would stick around, since it was widely reported that Sprint was most interested in Clearwire’s strong spectrum holdings.
But the statement from Clearwire could foreshadow deeper cuts ahead, something that has been speculated about since Sprint’s initial interest. Given some of the intense negotiations between Clearwire and Sprint over the past eight months, it’s unlikely that Clearwire execs will be playing a big role in the newly-formed Sprint.
Clearwire employed 1,053 people at the end of September 2012, including about 400 in the Seattle area. It will also be interesting to see where Prusch — who joined Clearwire in 2009 as CFO and was elevated to CEO two years later — lands next. The former Borland Software and Intuit exec certainly oversaw a traumatic time at Clearwire.
Sprint completed its $5 per share acquisition of Clearwire today, gobbling up the 50 percent of the company that it didn’t already own. In a SEC filing, Clearwire indicated that its stock is no longer trading on the Nasdaq and its board has disbanded.