AT&T SLASHES Prices for Back-to-School and 4 Telecom Titans Attracting Interest

AT&T, Inc. (NYSE:T) gears up to cut the price of HTC’s One X Sunday. The flasgship HTC handset price will be reduced from $199.99 on a two-year contract to only $99.99, an AT&T spokeswoman confirmed Friday. “The HTC One X will be available for AT&T customers for $99.99 as part of our promotions for the back-to-school timeframe,” the spokeswoman added. The shares traded up $0.90 (2.48%) recently at $37.20.

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Sprint Nextel Corp. (NYSE:S) shares boosted 17.5 percent in premarket trade on Thursday, while Wall Street was cheered following the company’s revised full-year EBITDA guidance upwards. The wireless carrier increased its full-year EBITDA guidance to between $4.5 billion and $4.6 billion in comparison to its prior guidance of $3.7 billion to $3.9 billion. The shares traded up $0.23 (5.68%) recently at $4.28.

Verizon Communications Inc. (NYSE:VZ), operator of the nation’s largest 4G LTE wireless network, enhanced its 4G LTE network coverage in Redding, Connecticut recently. This private investment further enhances 4G LTE coverage in the vicinity of Route 7, as well as Old Redding Road and Topstone Road in Redding. The shares traded up $0.43 (0.97%) recently at $44.89.

Vodafone Group plc (NASDAQ:VOD) and CWW are pleased to announce that the Scheme is no effective in accordance with its terms. Scheme shareholders are entitled to obtain 38 pence for each Scheme share held by them at the Scheme Record Time (6.00 p.m. on 25 July 2012). Scheme Shareholders should receives settlement consideration by 10 August 2012. CWW made an application to the UK Listing Authority and the London Stock Exchange for the listing of CWW Shares on the Official List of the UK Listing Authority as well as the admission to trading on the London Stock Exchange’s main market for listed securities, in any case to be cancelled with effect from 8:00 a.m. (London time) on 30 July 2012. The shares traded up $0.39 (1.36%) recently at $28.74.

Alcatel-Lucent, S.A. (NYSE:ALU) was forced to cut 5000 jobs across all of its regions due to a company-wide restructuring process. The shares traded down $0 (0.49%) recently at $1.02.

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