AT&T Okay With Lumia 920 Pricing, Sprint Buys Spectrum: Tech Biz Update
AT&T (NYSE:T) is selling Nokia Corporation’s (NYSE:NOK) Lumia 920 for $450 without a contract, which implies that the latter’s unsubsidized pricing for the product is a bit assertive. In comparison, the 16-gigabyte iPhone 5 is priced at $649 also without contract, and Samsung’s Galaxy S III goes for $549. Those figures are a likely reason why AT&T is okay with offering the 920 for $100 with a 2-year contract.
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Sprint Nextel Corporation (NYSE:S) will buy PCS spectrum and 585,000 subscribers in Michigan, Illinois, Indiana, Missouri and Ohio for $480 million from the United States Cellular Corporation (NYSE:USM). The acquisition includes the assumption of liabilities and should “significantly increase Sprint’s network capacity and improve the customer experience.”
Microsoft Office (NASDAQ:MSFT) should debut on iOS and Android early next year, say sources to The Verge, but the details given are unlikely to please very many. Free versions of the productivity suite, named Office Mobile, will permit its users to view Office documents, but only those who buy an Office 365 subscription will be allowed to edit them.
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