AT&T Ready for Fireworks With Samsung and 3 Telecom Stocks in Trading Cross Hairs
AT&T, Inc. (NYSE:T): Following a new two-year contract, AT&T, the next big stock catalyst, is hoping to set off its own fireworks this Independence Day, on Friday, with an introductory sale of its version of the Samsung Galaxy S III (S3), for $199.99. The shares traded up $0.54 (1.51%) recently at $36.20.
Sprint Nextel Corp. (NYSE:S) has pledged their support of Mozilla’s HTML5-based Firefox mobile operating system. This is scheduled to reach consumers early next year. Sprint is one of seven operators that are presently backing the open-source Firefox OS, which was formerly known as Boot to Gecko. The shares traded up $0.14 (4.29%) recently at $3.40.
Frontier Communications Corporation (NYSE:FTR): In the aftermath of violent storms that left hundreds of thousands of residents without electricity, and caused widespread damage across Ohio and other states, Frontier Communications Corporation is assessing its networks and deploying crews to restore service. The company’s senior vice president and general manager for Ohio, Dave Davidson, made this statement, “We have been working round the-clock since Friday evening to restore service as quickly as possible.” The shares traded up $0.12 (3.26%) recently at $3.95.
Alcatel-Lucent, S.A. (NYSE:ALU): C Spire Wireless has changed their original LTE vendor selection from Samsung, announced in November 2010, to Alcatel- Lucent. This firm will build its LTE network that is scheduled to launch in September. The shares traded up $0.02 (1.23%) recently at $1.65.
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