27 Jan '12, 2pm

Japan telecom bosses take pay cuts for system woes

Japan telecom bosses take pay cuts for system woes

Japan's mobile communication giant NTT DoCoMo president Ryuji Yamada (above) announces he and five other top executives will take pay cuts to apologise for a series of network troubles at a press conference in Tokyo on Jan 27, 2012. -- PHOTO: AFP TOKYO (AFP) - The president and five other top executives of Japan's biggest mobile phone operator will take pay cuts to apologise for a series of network troubles, NTT DoCoMo said on Friday. The firm admitted that it has struggled to deal with growing data traffic as smartphones boom in popularity, and pledged fresh investment to tackle the issue. President Ryuji Yamada will have his remuneration reduced by 20 per cent for three months while the other executives will take a 10 per cent trim over the same period. 'I deeply apologise to our customers for the huge trouble,' Mr Yamada told a news conference. Please enable JavaScript ...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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