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Sprint CEO to take pay cut as iPhone costs pinch

Sprint CEO to take pay cut as iPhone costs pinch

(Reuters) - Sprint Nextel chief Daniel Hesse said he would take a cut in pay this year, after coming under fire from some shareholders disappointed with the hit the company's results took from subsidizing Apple's popular iPhones.

Hesse said his 2012 salary would be cut to repay about $346,000 in incentive pay that he has already received and forfeit additional amounts that he was eligible to receive under his 2011 and 2012 incentive plans.

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China Mobile launches 4G services in Hong Kong

China Mobile Ltd's Hong Kong unit has launched 4G LTE (long term evolution) mobile data services in the Chinese territory, allowing cross-border data sharing plans when roaming in China.

Subscribers who sign up for new 3G and 4G data plans with China ...

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Samsung eyeing 60 percent share in Indian smartphone market

Buoyed by its successful launches, Samsung Electronics hopes to increase its share in the 18-19 million unit Indian smartphone market to 60 percent in the current year.

"Our smartphone market share in India was 45 percent at the end of the first quart...

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Cisco nemesis Huawei to demo 96-port 100G Ethernet switch

Huawei, Cisco's toughest competitor in networking, will debut its entry into enterprise data center switching at this week's Interop 2012 conference in Las Vegas.

Huawei will showcase its CloudEngine 12800 line of core switches, which feature a switch...

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Nokia Siemens to shut off 2G one frequency at a time

Usually wireless equipment makers like to talk about networks they’re building, but at CTIA Wireless in New Orleans this week Nokia Siemens Networks is talking about shutting them down. NSN is showing off a technology at the show that will help opera...

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Nokia's woes might call for Microsoft aid

Addressing Nokia Oyj employees in January 2011, Chief Executive Stephen Elop - at that point only four months into the job - dramatized the company's predicament by comparing it to standing on a burning platform.

Nearly a year and a half on, and with ...

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Huawei aims to offer touch-free smartphones, infinite cloud storage

Huawei Technologies is aiming to bring touch-free smartphones and more inexpensive cloud storage to users, as the company boosts its research and development spending in order to bring "disruptive" technologies that will alter the market landscape.

"W...

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Events

 

Chengdu Tianfu Software Park is ranked as one of China’s top three service outsourcing parks

Reporters learned from Chengdu Bureau of Commerce that the 2012 Annual Meeting of China’s Service Outsourcing Leaders & Awards Ceremony of the B...
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