Shares of Sprint Nextel Corp. and Clearwire Corp. gained Monday after a published report suggesting Sprint and its partner investors will put at least another $1.5 billion into Clearwire.
Google Inc said on Monday that it could best help wireless service provider Clearwire Corp by cooperating on products and strategy rather than giving it more financial assistance.
Liberty Media Corp., the conglomerate controlled by John Malone, posted a rise in third-quarter revenue at its two largest businesses Monday, helped by better home-shopping sales and results from the Starz cable channels.
Shares of RadioShack Corp. jumped on Monday, after the electronics retailer said it would start selling the iPhone, and an analyst upgraded the stock to "Outperform" saying the move would boost customer traffic.
NEW YORK (Reuters) - Sprint Nextel Corp <S.N>. is preparing to pump at least $1 billion more into Clearwire Corp., the Wall Street Journal reported on Sunday, citing two people familiar with the matter.
The U.S. Federal Communications Commission on Thursday said it was mulling whether changes are needed to regulations governing access to telephone lines largely controlled by telecom giants.
Verizon Wireless said on Thursday that it would sell an HTC Corp <2498.TW> phone based on Google Inc's <GOOG.O> Android system for $99.99, potentially putting pressure on smaller carrier Sprint Nextel Corp <S.N>.
Thursday, 5 Nov 2009 | Source: The Associated Press
T-Mobile USA, a wireless carrier that is owned by Germany's Deutsche Telekom AG, said Thursday that it lost 77,000 subscribers in the third quarter due in part to competition and increasingly innovative cell phone offerings from rivals.
Verizon Wireless said Thursday that it would sell an HTC Corp phone based on Google Android system for $99.99, potentially putting pressure on smaller carrier Sprint Nextel.
Thursday, 5 Nov 2009 | Source: The Associated Press
Economists expect productivity posted another sizzling advance in the July-September period while labor pressures plunged, a combination that will bolster companies' profits but continue to squeeze workers whose incomes stagnated during the recession.
NEW YORK (Reuters) - A huge influx of "erroneous" orders prevented the New York Stock Exchange from disseminating quotes shortly after the start of trading on Friday.
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