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Roger Cheng
Sprint Early Termination Fees are Unlawful
Submitted by Benton Foundation on July 29, 2008 - 3:19pmLast updated: July 29, 2008 - 3:19pm
Sprint Nextel was dealt a major blow in its early-termination-fee case when a California judge ruled it would have to pay $ 73 million. The decision could bode poorly for the various trials that are taking place throughout the country, as well as the Federal Communications Commission's attempts to make wireless carriers exempt from these state court cases.
Verizon Wireless Settles Early Termination Fee Suit For $21 Million
Submitted by Benton Foundation on July 9, 2008 - 7:10pmLast updated: July 10, 2008 - 7:28am
Verizon Wireless agreed to settle a lawsuit over early termination fees for $21 million, avoiding a drawn-out dispute that fellow wireless provider Sprint Nextel is now enduring. The wireless carrier on Tuesday said the settlement resolves the plaintiffs' claims, although the company didn't admit to any wrongdoing.
AT&T Gets Wireless, Data Lift
Submitted by Benton Foundation on April 23, 2008 - 7:11amAT&T posted a 22% rise in first-quarter profit, as strong wireless and data growth eased concerns about the weak U.S. economy's impact on the company. Earnings at the San Antonio, Texas, telecommunications company's wireless unit nearly doubled to $2.9 billion, as revenue increased 18%.
Dish's Strategy Stokes Concerns
Submitted by Benton Foundation on March 26, 2008 - 10:16amLast updated: March 26, 2008 - 8:15pm
With a swath of wireless spectrum in hand, Dish Network Corp. is moving toward eliminating a weakness in the satellite-TV business: the inability to offer on-demand content without outside help.
