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Sprint CFO says T-Mobile is going to face a 'hangover'

Nov 12, 2015, 20:30 IST

T-Mobile CEO John Legere speaks during a news conference at the 2014 International Consumer Electronics Show (CES) in Las VegasThomson Reuters

CFO Insider is a daily newsletter from Business Insider that delivers the top news and commentary for chief financial officers and other finance experts.

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Sprint CFO says T-Mobile could experience network issues (Wall Street Journal)

Sprint's new CFO Tarek Robbiati has only been on the job for two months, but he's already taking jabs at competitor T-Mobile.

In his first public appearance since taking over the CFO role, Robbiati said T-Mobile is going to face a "hangover at some point."

In a note to investors, Robbiati says T-Mobile could potentially face issues regarding network and spectrum capacity.

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For its part, T-Mobile argues that low-quality video is unlikely to put any pressure on its network.

Noble Group CFO is stepping down as profits tumble 84% (Bloomberg)

Noble Group Ltd. has announced plans for its CFO Robert van der Zalm to step down for health-related reasons. He will remain with the company as the vice chairman of finance.

Zalm's decision arrives as Noble's net income fell by $24.7 million in three months from $153.9 million a year earlier. Sales dropped 20% to $18.7 billion, Noble said.

Paul Jackaman, CFO of the Asia division, will take on the role of acting group CFO.

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Ernie Humphrey argues that CFOs need to play several roles.

Humphrey, who works with numerous CFOs and accountancy experts in a consulting capacity, says they need to be both Chief Trusted Advisor and Chief Future Officer, defining the vision and creating the reality for what a company needs to become while delivering long-term shareholder value.

GuideStar's CFO discusses the challenge of being relevant and making an impact as a nonprofit (Business Insider)

In an interview with Business Insider, GuideStar CFO James Lum talks about the current state of charitable giving for both nonprofit and for-profit organizations.

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Lum speaks to the need for more transparency in the nonprofit sector, as well as the need for more accountability for both nonprofit and corporate giving programs. He also gives some great tips for personal giving based on impact.

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