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.
More Carriers and Phone Makers Agree to Adopt Google's RCS-Based 'Android Messages' Service
Google today said more wireless network operators and handset manufacturers will use Android Messages, its RCS-based messaging service, as the default SMS/MMS tool on their phones. (Android Messages was previously known as Google Messenger.) Some of the features of RCS, which is a global standard, include group chat, high-resolution photo sharing, advanced calling features, and read receipts.
Alcatel A30 Reaches Amazon Prime for Just $60
Amazon recently added the Alcatel A30 to its roster of Prime Exclusives. This entry-level Android handset includes a 5-inch HD screen and a 1.1 GHz Snapdragon 210 processor with 2 GB of RAM and 16 GB of storage.
Galaxy S8 to Cost $750, S8+ to Cost $850: Carriers Share Launch Details
Samsung's new Galaxy S8 and S8+ smartphones will cost $750 and $850, respectively. The phones share almost all features other than size and both ship with 64 GB of internal storage.
AT&T to Buy DirecTV for $48.5 Billion
AT&T has entered into an agreement to purchase DirecTV for about $48.5 billion in a cash and stock transaction. The acquisition is more about providing AT&T with the means to grow its subscription TV business than about expanding mobile services.
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...