Hesse: Embarq won't spend on fiber

Speaking at a UBS investor conference in New York City Embarq CEO Dan Hesse said his company isn't planning to make a "huge" capital investment in fiber to support a broadband upgrade and TV services. Embarq already has said it plans to offer TV services over its own network, so does that mean it will use some variation of DSL, or a not-so-huge investment in fiber? And will Hesse himself be around to find out? As the search for a new Sprint CEO heats up, many are seeing Hesse, a former AT&T Wireless exec, as a leading candidate for the job.

For more:
- read this report in The Kansas City Star

Related articles:
- Embarq announced job cuts last month to save money

Suggested Articles

With the hurricane season looming large starting next month, Verizon is taking extra steps to keep its business and residential customers connected.

Telefónica's cybersecurity company, ElevenPaths, announced on Tuesday that it has achieved Amazon Web Services Security Competency status.

In the most recent earnings calls, some telecommunications executives expressed their concern over how the COVID-19 crisis was impacting SMBs.