The Madison Record reports that a class action suit filed against every major wireless telephone provider alleges conspiracy to fix, raise, maintain, or stabilize prices of text messaging services sold in the United States. Matthew R. Bakay filed suit in the Southern District of Illinois on Oct. 6 against AT&T Inc., AT&T Mobility L.L.C., Sprint Nextel Corporation, Verizon Wireless, Verizon...

Verizon Wireless reported a strong fourth quarter, with increases in revenues and net subscriber additions, as it weathered the tough economy and emerged strong following the acquisition of Alltel, which made it the largest wireless operator in the United States. Unlike some of its rivals, like AT&T Inc. and Sprint Nextel, the company did not report any job cuts. Verizon Wireless' tot...

Sprint Nextel has been hit with another class-action lawsuit, this time in a far-reaching suit that claims the wireless carrier misrepresented the company's health to investors following its 2005 merger with Nextel. The law firm of Coughlin Stoia Geller Rudman & Robbins said in a release that it filed a class-action lawsuit against Sprint in the United States District Court for t...

In midday trades on Monday, Sprint Nextel, Qwest Communications and Nokia Corp endured deep losses as telecom stocks followed the broader United States market dropping sharply lower according to a report on MarketWatch. Apparently the figures in the mobile phone group are…Sprint Nextel dropped 13 percent while Qwest dropped in excess of 8 percent. AT&T fell

Samsung has confirmed that Sprint Nextel and T-Mobile USA will launch the first Samsung phones in the United States based on Google's Android platform. The confirmation, made by a Samsung executive at the International CTIA Wireless 2009 show in Las Vegas, puts to rest speculation about Samsung's Android plans for the near future. Samsung will unveil multiple Android devices th...

Rumor: Citing a "person familiar with the matter", CNBC has posted an article detailing that Sprint will have the exclusive rights to sell the Palm Pre in the United States through the end of 2009. Sprint Nextel has exclusive U.S. rights to sell Palm's hotly anticipated Pre phone through the end of 2009, a person familiar with the matter said on Thursday. Sprint, which also reported a narrowe...

Nokia plans on addressing its relatively weak presence in the U.S. smartphone market by eventually producing a CDMA smartphone that large carriers such as Verizon Wireless and Sprint Nextel could launch, the company's chief executive said. Nokia CEO Olli-Pekka Kallasvuo summed up his company's position in the United States succinctly: "We are the incumbent in the world at large," he told...

Sprint (NYSE: S) Nextel customers can now use their mobile phones in the 20 busiest underground stations in the Washington, D.C. Metro system. As a result, those living in the capital of the United States can use their phone while commuting, at least in select stations: Ballston, Bethesda, Columbia Heights, Crystal City, Dupont Circle, Farragut

AT&T CEO Randall Stephenson warned the wireless industry that operators are not prepared for the deluge of data that increased smartphone use will bring to their networks. He also said that AT&T Mobility would look to launch the Palm Pre once Palm's exclusive agreement with Sprint Nextel for the device runs out. "Would I like to see Palm Pre on our network? Of course." he said...

It's no secret that Sprint PCS (with Nextel) has been struggling for market share in the United States. In what can only be described as a surprise move to generate revenue, Sprint Nextel has announced word that it has sold nearly all its cell phone towers (some 3,300 of them) to a private-equity-backed firm called TowerCo in a deal that will generate roughly $670 million in equity. Surprisingly e