Sprint WAIVES FEES for Isaac Victims and 4 Telecom Titans Attracting Interest
AT&T, Inc. (NYSE:T): Chris Hill, who is the VP of the Advanced Mobility Solutions unit at AT&T, was a driving force behind smartphone apps that were made especially for the Democratic and Republican National Conventions. The shares traded down $0.26 (0.69%) recently at $37.18.
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Sprint Nextel Corp. (NYSE:S) recently decided to proactively waive different kinds of fees for its customers which have been affected by Hurricane Isaac. The waiver is to include late fees; overage charges for voice, text and data; roaming fees; and call forwarding fees for Sprint services. The effort is intended to assist the residents of the Gulf Coast region who suffered heavy damages due to Hurricane Isaac. The fees for its customers will be waved between August 29 and September 30. The shares traded up $0.09 (1.81%) recently at $5.045.
Verizon Communications Inc. (NYSE:VZ) CEO states that Verizon Wireless will launch Windows Phone 8 phones by year’s end. The shares traded down $0.53 (1.20%) recently at $43.62.
Vodafone Group plc (NASDAQ:VOD): Vodafone UK is preparing to launch a completely new range of service plans intended for use by heavy users of the network. They have named the new service, “Vodafone Red,” and these new plans will be starting at GBP29 per month. It is to offer unlimited calls and text with either 1GB or 2GB’s of data (internet browsing, apps and etc). The Vodafone Red plans will begin tomorrow on September 8th, and will be available across all of Vodafone’s range of smartphones. The shares traded down $0.16 (0.58%) recently at $28.34.
Leap Wireless International Inc. (NASDAQ:LEAP): RadioShack Corp. (NYSE: RSH) began its own wireless service earlier in the week as it still stakes a turnaround of the company on mobile phones. The Fort Worth-based retailer intends to use Leap Wireless International Inc.’s Cricket service, calling it RadioShack No-Contract Wireless powered by Cricket. Mobility has been an increasing source of revenue for the company, as consumer electronics for the retailer has seen double-digit declines. The shares traded up $0.11 (1.81%) recently at $5.92.
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