Sprint’s Samsung Galaxy S3 and 4 Telecom Stocks Attracting Interest
AT&T, Inc. (NYSE:T) will start retailing the Samsung Galaxy S III in stores on Friday, according to a company blog announcement. Texas-based AT&T will not sell the 32GB version, but will sell the 16GB model in Marble White and Pebble Blue colors for $199.99 with a two year contract. Shares of AT&T traded down $0.20 (0.55%) recently at $36.
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Sprint Nextel Corp. (NYSE:S): Following a delay of more than a week, American mobile phone carrier Sprint Nextel has at last made available its version of the sought-after Samsung Galaxy S3. Beginning Tuesday, the 16GB unit is available online, in Sprint stores, and telesales services for $199.99. The 32GB model is available online and via telesales for $249.99. Shares of Sprint traded up $0.07 (2.06%) recently at $3.47.
Alcatel-Lucent, S.A. (NYSE:ALU) is demonstrating signs of recovery, like Sprint-Nextel. While the latter company still relies on the success of Apple (NASDAQ:AAPL) iPhones, Virgin Mobile debuted Apple’s iPhone last week to little news of lines or commotion. Virgin is now the second U.S. prepaid retailer to sell the iPhone following Cricket provider Leap Wireless (NASDAQ:LEAP), which made the iPhone available June 22. Shares of Alcatel-Lucent traded down 0.61% ($0.01) recently at $1.64.
MetroPCS Communications, Inc. (NYSE:PCS) and Verizon Communications (NYSE:VZ) have again filed a lawsuit aiming to stop the FCC’s net neutrality regulations for wireless and wired networks as another move in the legal saga around these rules. Shares traded up $0.21 (3.30%) recently at $6.57.
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