NTT top executives take pay cuts as apology to clients

7 years ago by in Business, Featured Tagged:

The president of NTT DoCoMo Japanese telecom company will take a pay cut to apologize for a series of service disruptions, along with five other top executives.

The announcement was made by the company on Friday.

Ryuji Yamada, the company’s president, said he will cash in 20 percent less money for three months. The other five executives will see their paychecks diminished by 10 percent for the same period.

“I deeply apologize to our customers for the huge trouble,” Yamada said.

The cause of the network problems is the increasing amounts of data traffic, as users take on smartphones. NTT DoCoMo committed to invest more in developing its network.