Verizon Pushes Back iPhone 5 Delivery Date and 4 Telecom Titans in Focus
AT&T, Inc. (NYSE:T) will have a net neutral complaint filed against them from the Free Press, Public Knowledge, and the New America Foundation’s Open Technology Institute concerning network neutrality rules when it uses Apple’s (NASDAQ:AAPL) FaceTime, according to Gigaom.com. This is no surprise but the it is not clear when the FCC will respond.
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Sprint Nextel Corp. (NYSE:S) has basically confirmed that it will cease offering the iPhone 4 (NASDAQ:AAPL) by September 21, according to 9to5Mac, citing Sprint’s pre-launch materials. The iPhone 5 is set to be released on September 21.
Verizon Communications Inc. (NYSE:VZ): Verizon Wireless and AT&T have both pushed back their shipment dates on the iPhone 5 as pre-orders are so huge. AT&T’s Web site claims that every iPhone 5 will be shipped in 14 to 21 business days, suggesting that some orders may arrive as late as October. According to Verizon, the phone is to be delivered on September 28.
Leap Wireless International Inc. (NASDAQ:LEAP) has intentions to offer Apple’s iPhone 5 beginning on Sept. 28 for any customers of its Cricket branded mobile service.
Clearwire Corporation (NASDAQ:CLWR): Time Warner Cable (NYSE:TWC) will sell its Clearwire Corp. stake, according to an SEC filing, reports Reuters. A Clearwire spokesman has stated that Time Warner’s 46 million shares show 7.8 percent economic interest and more than 3 percent of the voting shares in Clearwire.
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