Even though Apple reported record second-quarter revenue and earnings, shares have given back all of their gains and then some. We now may have a reason why: It looks like the carriers are starting to fight back. Read More
If you’re thinking of buying MetroPCS in hopes of making a fast buck, you may find yourself standing without a chair when the music stops playing. Read More
Sprint CEO Dan Hesse said the pay cut was intended to “eliminate some of the distractions” over his company’s decision to subsidize Apple’s popular iPhone. Read More
AT&T reported a higher-than-expected quarterly profit as iPhone sales declined, reducing the amount of cash it had to pay Apple and boosting its margins. Read More
Bernstein Research downgraded Sprint Nextel Monday, saying the telecommunications company’s risks of filing for bankruptcy protection are rising and will increase further as it releases its first 4G iPhone. Read More
AT&T's board cut CEO Randall Stephenson's 2011 pay by $2.08 million because he engineered the failed deal to buy T-Mobile USA, according to a regulatory filing. Read More