Tag Archives: DanHesse

Live from CTIA with Jim Cramer and the CEOs of the four largest US carriers!

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In one corner, we have CNBC's Jim Cramer. And in the other corner stands the heads of the four largest mobile operators in the United States: Ralph de la Vega (AT&T Mobility), Dan Mead (Verizon Wireless), Dan Hesse (Sprint) and Philipp Humm (T-Mobile). We fully expect Jim to lob a few hardball questions at these gentlemen, and there's no doubt zingers will be flung around. Who knows -- maybe we'll even get some news out of this keynote, so join us as we liveblog the Tuesday afternoon CTIA keynote, won't you?

May 8, 2012 5:30 PM EDT

Live from CTIA with Jim Cramer and the CEOs of the four largest US carriers! originally appeared on Engadget on Tue, 08 May 2012 17:25:00 EDT. Please see our terms for use of feeds.

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Join us for the CTIA keynote with the CEOs of the big four US carriers, tomorrow at 5:30PM ET!

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In what seems to be turning into an annual tradition, the CEOs of the largest mobile operators in the US will be matching wits with Jim Cramer -- and each other -- in tomorrow afternoon's CTIA keynote. This year, however, we'll get to hear from T-Mobile chief Phillip Humm in addition to the usual trifecta of Dan Mead, Dan Hesse and Ralph de la Vega. We'll be liveblogging the show to soak in all of the latest news, quotes and groaners that may come out as a result. Join us! And while you wait, stay caught up on the happenings in New Orleans by checking out our event hub.

May 8, 2012 5:30 PM EDT

Join us for the CTIA keynote with the CEOs of the big four US carriers, tomorrow at 5:30PM ET! originally appeared on Engadget on Mon, 07 May 2012 18:24:00 EDT. Please see our terms for use of feeds.

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Sprint CEO takes pay cut as investors voice concern about cost of iPhone deal

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Sprint CEO takes pay cut as investors voice concern about high cost of iPhone deal

Sprint Nextel's $15.5 billion gamble on Apple's iPhone will apparently lighten CEO Dan Hesse's proverbial wallet by $3.25 million this year. That's how much compensation Hesse agreed to give back to help placate investors unhappy about the high cost of the company's iPhone deal. Securing the iPhone has already paid dividends for Sprint in terms of sales. The company sold 1.5 million iPhones in the first quarter while posting a net subscriber growth of 263,000. That didn't stop Sprint from posting an $863 million net loss during the same period, however, causing some investors to grumble about the cost of subsidizing Apple's phone. The subsidy Sprint pays for each iPhone is 40 percent higher -- about $200 -- than what the company pays for other competing devices. Don't feel too bad for Hesse, though. Apparently, the financial gesture basically brings back his "compensation target opportunities" to 2010 levels.

Sprint CEO takes pay cut as investors voice concern about cost of iPhone deal originally appeared on Engadget on Sat, 05 May 2012 16:51:00 EDT. Please see our terms for use of feeds.

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