Dan Hesse

Sprint CEO Dan Hesse to help lead United Way campaign

Feb 23, 12:17 AM

Sprint CEO Dan Hesse will follow the example of past Sprint CEOs by leading this year’s United Way of Greater Kansas City fundraising campaign.

Sprint partner LightSquared to cut 45 percent of its jobs

Feb 22, 11:42 PM

Billionaire Philip Falcone’s LightSquared Inc. wireless venture is cutting 45 percent of its jobs, about 150 positions, to preserve cash after U.S. regulators rejected its plan to start operating.

T-Mobile to FCC: Block Verizon-cable deal

Feb 22, 8:59 AM

T-Mobile USA, which just had its acquisition by AT&T blocked by regulators, is urging the federal government to block another deal in the wireless world: Verizon’s planned purchase spectrum from cable companies for $3.9 billion.

AT&T CEO takes $2M pay cut over T-Mobile deal

Feb 21, 4:41 PM

AT&T Inc.'s board cut CEO Randall Stephenson's 2011 pay by $2.08 million because he engineered the failed deal to buy T-Mobile USA, according to a regulatory filing Tuesday.

LightSquared withholds payment

Feb 21, 8:40 AM

Philip Falcone’s LightSquared Inc., the U.S. company struggling to gain approval for a wireless service, failed to pay British satellite operator Inmarsat Plc $56.3 million under a spectrum-cooperation accord.

LightSquared Plan B: Find new spectrum

Feb 17, 11:47 AM

Philip Falcone may have to seek a buyer for LightSquared Inc.’s airwaves after regulators rejected his business plan. If he has to sell, the proceeds will probably be a fraction of what the billionaire invested.

Clearwire surges after Lightsquared falters

Feb 15, 11:20 AM

Clearwire Corp., the wireless broadband wholesale service provider, rose to the highest in two months after regulators rejected billionaire Philip Falcone’s bid to use satellite spectrum for his LightSquared mobile network venture.

Telecoms must hold net neutrality votes

Feb 15, 7:36 AM

The U.S. Securities and Exchange Commission has told AT&T Inc. and other telecommunications companies they must include a resolution supporting wireless net-neutrality in annual shareholder votes.

Federal agency deals blow to Sprint partner LightSquared

Feb 14, 11:59 PM

LightSquared, a company that represents possible billions in revenue to Overland Park-based Sprint Nextel Corp., suffered a severe blow Tuesday to its chances of lighting up a wireless network. The National Telecommunications and Information Administration said LightSquared’s plans posed a significant and perhaps insurmountable threat to global positioning devices.

Sprint bonuses ignored iPhone’s financial impact

Feb 15, 2:49 PM

Last week Sprint Nextel Corp.’s compensation committee decided to ignore the financial impact of the company’s iPhone launch when calculating payouts under two incentive compensation plans. It ignored the added revenue those iPhone sales generated, and it ignored huge subsidies.