Sort of.
From The Washington Post
Washington Post Staff Writers
Thursday, February 14, 2008; Page D01When Sprint and Nextel announced their merger in 2005, it was touted as a union of equals. Both corporate campuses would be maintained, with top executives based in Reston and most operations in Overland Park, Kan.
That split-campus decision, made to appease employees who didn't want to move from either location, hindered the integration of company cultures and technologies. Meanwhile, the stock declined more than 40 percent in the past year and the company lost about 1 million subscribers to competitors.
Yesterday, chief executive Dan Hesse announced that Sprint Nextel would move its corporate headquarters from Reston to Overland Park in his latest bold shake-up.
Why'd it take so long? Sprint has had a billion dollar campus, complete with its own Post Office, for years and years. Honestly, it always seemed silly to me that they maintained both.
Iknow they maintained the campuses (campi?) to keep up the whole "merger of equals" appearance, but I don't think I'm alone in saying that the average customer doesn't really care where a company's corporate headquarters are located. Am I wrong?
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