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Contract term extended by Verizon Communications Inc (NYSE:VZ) – T

Boston, MA 04/15/2013 (wallstreetpr) – In a bid to boost its profits, the largest carrier in the United States, Verizon Communications Inc (NYSE:VZ) (Closed: $50.86, Up by 0.69%) is extending its phone upgrade discounts waiting-period. In a statement, the company said that starting January, Verizon customers will be in for a 24 month wait instead […]

AT&T and T-Mobile: Once to-be-allies now arch Rivals – VZ, DTE & PCS

Boston, MA 03/05/2013 (wallstreetpr) – AT&T Inc (NYSE:T) escalated its rivalry with T-mobile by targeting its network performance in newsprint ads. Ironically, there was a time when these companies were all set to forge a partnership with each other. AT&T went whole-hog and ran full-page counter-attacks in leading newspapers such as the Wall Street Journal, […]

ESPN paying $153 million in damages to DISH? – DIS, CMCSA, DTV, TWC, VZ & T

Boston, MA 02/28/2013 (wallstreetpr) – DISH Network Corp (NASDAQ:DISH) is legally seeking damages worth $153 million from The Walt Disney Company (NYSE:DIS)’s ESPN. The allegation is that ESPN has breached a same-term clause in its distribution agreement with DISH and is now offering its competitors like Comcast Corporation (NASDAQ:CMCSA) better terms on licenses for sports […]

AT&T breaking out of its traditional wireless mould – T, AAPL & GM

Boston, MA 02/27/2013 (wallstreetpr) – AT&T Inc (NYSE:T) is looking beyond its expansive wireless service for growth. America’s largest phone company will be moving into the European market with the launch of mobile licenses for the home-watchdog products that it offers. Over 30 countries from across the world have asked for licenses for AT&T Inc […]

Wireless spectrum can come to the rescue of Ergen if clearwire bid fails – DISH, S, CLWR, T & VZ

Boston, MA 02/12/2013 (wallstreetpr) – Dish Network Corp (NASDAQ:DISH)’s spectrum worth “billions of dollars of spectrum” could be available for sale in the coming year under chairman Charles Ergen’s plan B, if the satellite channel fails to find a wireless carrier ally. With an aim to develop a wireless network that delivers multimedia content to […]