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Savings and other benefits would be "significantly more" than the $30 billion estimates some have floated, Sprint CEO Marcelo Claure said.
The struggling automaker is not the only giant company in need of an experienced technology leader at the top.
5G will allow the telecom giant to provide a streaming service to rival AT&T's DirecTV Now, but Verizon does not have a launch date for it yet.
Apple has perfectly good reasons for borrowing so much money and is in no danger of defaulting, but Silicon Valley's use of debt to fund dividends could have limits.