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Sprint CEO docks pay under shareholder iPhone angst

Sprint's CEO Dan Hesse has agreed to have his compensation slashed by $3.25 million under the pressure of Sprint's shareholders that are unhappy about the high upfront costs that Sprint has to pay for the iPhone. Sprint plans to buy $15.5 billion worth of iPhones over a couple years but won't make a profit on...

Sprint CEO docks pay under shareholder iPhone angst
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