Every year Fierce checks out the highest-paid CEOs in the telecom space. This year, executives from Sprint and AT&T topped the list. For a complete list of the highest-paid CEOs in the wireless industry, click here. And for a list of the highest-paid CEOs in the wireline sector, click here.
In 2013 Sprint CEO Dan Hesse had probably his busiest year at the helm of the carrier since he came on board in late 2007, and the company handsomely rewarded him for his efforts. Hesse scored a total compensation package of $49 million in 2013, according to a filing with the Securities and Exchange Commission. That figure is far above Hesse's 2012 compensation and made him easily the highest-paid executive in the wireless industry last year.
Telecom Italia's CEO Marco Patuano found that AT&T's CEO Randall Stephenson gave him the best advice on how to turn around his struggling company out of all the high-tech executives he met on a recent trip to the U.S., reports Bloomberg.
Telecom Italia CEO Marco Patuano has reportedly been so impressed by AT&T's ability to transform its business in recent years that he has sought advice from the U.S. company's CEO Randall Stephenson on how to change the fortunes of the struggling Italian operator.
AT&T is doubling down on its network buildout in California, announcing that it has invested more than $7.1 billion to expand its local wireline and wireless capabilities throughout the state between 2011 and 2013.
AT&T CEO Randall Stephenson reiterated to investors this week how pleased the company is with the cost dynamics for its initial fiber to the home (FTTH) deployment in Austin, Texas, and said it is going to roll the service out in other markets this year.
If I had to use three words to describe the week in telecoms so far, they would be "Vodafone, Vodafone, and, er, Vodafone". To say the UK-based operator has been in the news a lot in the past few days would be something of an understatement--and it's only Wednesday.
AT&T said it does not intend to make a takeover offer for U.K.-based carrier Vodafone, quashing months of speculation that AT&T might make a move on the operator.
AT&T's CEO Randall Stephenson has reportedly made use of the World Economic Forum in Davos to discuss various regulatory issues with European regulators including M&A, although on Monday the US operator denied rumours that it intends to made a bid for Vodafone.
AT&T may have set 2020 as the year when it will transition its TDM network to all IP, but Randall Stephenson, CEO and chairman, says that the provider will start seeing cost savings by 2016.