Sprint CEO Says iPhone Investment Was Worth Every Penny
Submitted by Marshall Walker on
It's well known that Sprint had to commit at least $15 billion to Apple to become the third major U.S. carrier to carry the iPhone. Sprint CEO Dan Hesse told a group of reporters that taking the risk was the "right decision".

“You really don’t want to be on the outside. The No. 1 thing was getting the call from Apple that they were interested in at least having the opportunity, Hesse said at Sprint’s Kansas headquarters. "We committed to $15.5 billion over four years in purchases. That’s a large commitment. We saw no reason to bet against Apple. Today, looking back, I think it was the right decision.”
Hesse also said he would be interested in adding the iPad to Sprint's roster in the future.