AT&T Slices $2M from CEO Pay Due to T-Mobile Whiff
AT&T has cut CEO Randall Stephenson's payment package by a total of $2.08 million in the wake of the company's failed bid to purchase T-Mobile USA. AT&T's board cut both his cash bonus for 2011 as well as reduced his stock. Stephenson still earned $18.7 million for the year. AT&T was forced to eat $4.2 billion charge for the year on the failed take-over bid due to a break-up fee (mixture of spectrum assets and cash) to which it had agreed. The government blocked the acquisition, citing potential harm to American consumers.
AT&T Says It Won't Sell the LG G7 ThinQ, But It Has an LG Exclusive On Deck
AT&T does not plan to sell LG's new flagship phone, the G7 ThinQ, according to The Verge. Instead, the company plans to offer an exclusive phone from LG later this summer.
Blu Pure View Boasts an 18:9 Screen and Dual Selfie Cams
Blu Products today announced the Pure View, a premium handset that adopts modern design aesthetics and features. The Pure View has a metal frame and ultraviolet battery cover on the rear in midnight black.
Alcatel 1x with Android Go Hits US Retail Next Week for $100
TCL today announced that its Alcatel 1x phone, an entry-level Android device that runs Android 8.1 Oreo Go Edition, will be available from Amazon.com starting the first week of June. The unlocked device is priced at $99.
Asus ZenFone 5Q Hits US Retail Today
Asus today revealed that its ZenFone 5Q phone, first announced in February, is now available for sale in the U.S. The ZenFone 5Q has 2.5D curved class on the front and rear with a plastic frame in between.
AT&T CEO Calls Cohen Tie-Up a Big Mistake
AT&T CEO Randall Stephenson emailed employees today to apologize for the company's connection with lawyer Michael Cohen and Essential Consultants. "Our company has been in the headlines for all the wrong reasons these last few days and our reputation has been damaged," wrote Stephenson in the email.
1,500 years or so.
And 2 Mil? Thats alot of money, but when he still makes 18 Mil a year, that is nothing. H...