Roger Cheng

Sprint Early Termination Fees are Unlawful

Recommendation:
3

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

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

AT&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

Recommendation:
4

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.

Syndicate content