Sprint/Nextel, America’s third largest wireless carrier, may be experiencing some Connectile Dysfunction as the company revealed that its CEO, Gary Forsee, chose to turn down a 2006 bonus of $414,120. The new details emerged in the company’s SEC filing this week. Forsee’s decision to forgo last year’s bonus (his 2006 compensation totaled $21.3 million) may serve to temporarily improve his profile as Sprint’s wireless subscriber numbers are way down. Sprint’s new deal with Japanese carrier KDDI may boost its short-term prospects, but its flaccid ad campaign is still just another reminder that no amount of Viagra references can bring the sexy back if subscribers are disconnecting.
See Sprint's "Connectile Dysfunction" video after the jump...
http://www.youtube.com/watch?v=DNT1Y2sLLKU
