Marcelo Claure is CEO of Sprint Corporation. He is also a member of the board of directors of SoftBank Group Corp.
Sprint is one of the world’s largest telecommunications companies, providing service to 54.6 million customers in nearly 200 countries around the world. Marcelo joined the company in August 2014 and is leading one of the most significant transformations in U.S. corporate history.
Marcelo is managing the business with an entrepreneurial spirit that has rejuvenated the company culture and brand. Sprint has become an aggressive, agile and innovative competitor in the wireless industry – and has committed to launching the nation’s first mobile 5G network in the first half of 2019.
Sprint has dramatically improved its products and services, increasing its national average download speed more than 60 percent year over year, according to third-party expert Ookla. The company has also reversed course from losing millions of customers to gaining millions of customers. Simultaneously, it has eliminated billions of dollars in costs and delivered record financials.
Sprint revolutionized the wireless industry by becoming the first carrier in the world to offer one simple rate plan with unlimited data, talk and text. The company has also pioneered revolutionary approaches to wireless service. Sprint Flex is the best way to get the latest phone, with flexibility to upgrade or purchase the device. And the iPhone Forever and Galaxy Forever programs allow customers to get new iPhone or Galaxy devices every year.
Marcelo embodies the successful pursuit of the American Dream. He immigrated to the United States from Bolivia and later became a U.S. citizen. In 1994, he started his first business, a small retailer of wireless phones. In 1997, he founded Brightstar as a small, Miami-based wireless distributor that he transformed into the world’s largest global wireless distribution and services company with revenues exceeding $10 billion and a presence in more than 50 countries. Brightstar was recognized as the largest Hispanic-owned business in U.S. history.
In 2014, Marcelo’s passion for soccer led him to partner with David Beckham and Simon Fuller in Miami Beckham United, a venture to bring Major League Soccer to Miami. Four years later, MLS announced it is awarding the ownership group a Miami franchise. Marcelo also owns BAISA, which operates Club Bolivar, Bolivia’s most popular and successful soccer team in national and international competition.
Marcelo is a Young Global Leader of the World Economic Forum and a member of Ernst & Young’s Entrepreneur of the Year Hall of Fame. CNET en Español named him one of the Top 20 Most Influential Latinos in Technology for 2015, and he was recognized as 2011 Hispanic Businessman of the Year by the U.S. Hispanic Chamber of Commerce and Entrepreneur of the Year by Hispanic Business Magazine. In 2016, he was among 42 individuals selected by the Carnegie Corporation of New York as part of the “Great Immigrants: The Pride of America” initiative recognizing notable contributions to the progress of our society.
Giving back to those in need is one of Marcelo’s top priorities. More than a decade ago, he and Nicholas Negroponte co-founded One Laptop Per Child, an organization dedicated to providing low-cost laptops to children in impoverished communities. At Sprint, Marcelo launched the 1Million Project, the largest corporate initiative to bridge the digital divide and help close the homework gap for 1 million U.S. high school students who lack home internet access.
Marcelo is also chairman of CTIA – The Wireless Association and former treasurer of My Brother’s Keeper Alliance, a nonprofit working to eliminate opportunity gaps for young men of color.
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