Denver CO Telecom Business News

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Qwest drops perk for execs
The payouts to cover unreported expenses were eliminated following complaints by a shareholder.
08/22/2009
Qwest has eliminated a perk in which top executives were given tens of thousands of dollars a year to cover unreported expenses, the company disclosed in a filing Friday. 
Qwest CEO puts home on market
08/19/2009 - Qwest chief executive Ed Mueller has put his 9,200-square-foot mansion near Cherry Creek on the market for $4.7 million. Mueller and his wife, Susan, don't have plans to leave the Denver area, said Qwest spokeswoman Johnna Hoff.  

Dish Network 2Q profit falls on climbing costs
08/10/2009 - Dish Network Corp. said Monday that its second-quarter profit slid 81 percent on TiVo Inc. litigation costs and rising expenses, but the nation's second-largest satellite TV provider managed to add subscribers and maintain revenue. 

Re-sentence for Nacchio not unusual
08/03/2009 - A ruling last week that could shorten Joe Nacchio's six-year prison term for insider trading surprised many retirees and shareholders who blame the former Qwest chief executive for the company's financial meltdown earlier this decade. 

Appeals court orders Nacchio resentencing
07/31/2009 - A federal appeals court today reversed former Qwest chief executive Joe Nacchio's six-year prison sentence. 

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