Sprint CEO Dan Hesse has been planning to kill off the carrier's aging iDEN network since 2010, but now Sprint has finally delivered a date for iDEN's demise. The carrier has just announced that they plan to pull the plug on their iDEN...Show More Summary
Sprint's CEO Dan Hesse signed an estimated US$15.5 billion deal with Apple to carry the iPhone. After a less than stellar quarterly performance, the CEO is trying to quell shareholder discontent by publicly defending his decision, says...Show More Summary
Sprint’s costly $15.5 billion gamble on Apple’s iPhone won’t pay off until 2015, according to CEO Dan Hesse. At that time, however, the iPhone will be “quite profitable,” and the company is “very happy” with the deal despite conflicting reports, AllThingsD said. Show More Summary
During their annual shareholders meeting, Sprint CEO Dan Hesse said they're very happy with the iPhone, but admitted that it won't be profitable for the company until 2015. Sounds crazy, but Hesse says they're taking the long view, since offering the iPhone will stem the exodus of users going to other carriers just to get their hands on Apple's smartphone.
For Sprint Nextel Corp., now isn't the time for a merger, says CEO Dan Hesse.
“Carrying the iPhone will be quite profitable," says Sprint CEO Dan Hesse for the umpteenth time.
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). Show More Summary
Sprint CEO Dan Hesse has handed back $3.25 million of his own salary in a bid to appease shareholders who have been upset by the carrier’s iPhone deal with Apple. Shareholders spoke out against the arrangement when it was discovered that Sprint did not consider the financial effect of carrying the iPhone when it calculated [...]Show More Summary
CEO Dan Hesse's pay is docked for bringing the profit-eating iPhone to Sprint.
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. Show More Summary
Sprint's CEO Dan Hesse has agreed to have his compensation slashed by $3.25 million under the pressure of Sprint's shareholders that are unhappy about the high upfront costs that Sprint has to pay for the iPhone.
Sprint CEO Dan Hesse has agreed to pay cuts in order to appease shareholders disappointed with the costs to Sprint for adopting Apple's iPhone. His 2012 salary will be reduced, as will several incentive pay items. "These voluntary actions...Show More Summary
According to P.T. Barnum, no one ever went broke overestimating the stupidity of the American public. Sprint CEO, Dan Hesse, however, is going to lose $3.5 million for underestimating the stupidity of his shareholders. This, after Sprint...Show More Summary
Sprint Chief Executive Dan Hesse will take a pay cut of $3.25 million after shareholders reacted to what they saw as excessive pay in the face of middling results. Sprint management has aggressively been working to turn the company around,...Show More Summary
Sprint CEO Dan Hesse has told shareholders he will return a $3.25 million yearly bonus, reducing his salary over the course of 2012 to include the costs associated with bringing the iPhone...
Sprint has always been adamant about its love for the iPhone. The carrier has taken a pretty substantial financial hit since it poured billions of dollars into the iPhone and Apple’s ridiculous subsidy rates. Sprint CEO Dan Hesse has reiterated that being an iPhone partner is part of a greater strategy for his company, and he [...]Show More Summary
Although Apple's follow-up to the iPhone 4S remains unannounced, Sprint CEO Dan Hesse confirmed on Wednesday that his company will be offering unlimited data even if the device supports 4G LTE.
Sprint's iPhone-using subscribers will continue to have access to unlimited data service for the foreseeable future, according to CEO Dan Hesse. And that will include unlimited 4G LTE service, assuming the next iPhone is indeed compatible...Show More Summary
In a chat with CNET, Sprint CEO Dan Hesse said that the company would stick with unlimited data for the iPhone, even if the next iPhone comes with LTE. Sprint said in March that they would be able to offer an LTE iPhone when one becomes...Show More Summary
Sprint’s CEO Dan Hesse told CNET today that the carrier would stick with its unlimited data plan for the next iPhone whether or not it is LTE capable. Sprint already provides unlimited for other LTE smartphones, but the company’s chief said its unique offering lures new customers who would normally choose another carrier: “Frankly, it’s a marriage [...]