3 Telecom Stocks Seeing Action: Vodafone Waits on India, Sprint’s One Up, AT&T’s Hard Line
Vodafone Group plc (NASDAQ:VOD): The Financial Times is reporting that Vodafone would be interested in acquisitions in India once the government can settle on merger rules that notably include those relating to the transfer of telecom spectrum between companies. Marten Pieters, Vodafone’s country chief, says he expects the legal clarifications to come later this year. Vodafone also continues to plan to list its India unit in the country, though again, only when the spectrum policy is laid out.
Sprint (NYSE:S): Sprint is reportedly preparing to break into the early upgrade game, which is slated to go live on September 20th. Sprint subscribers will be able to obtain a new smartphone for no money down and in monthly installments. After a year, a customer can upgrade to a new phone by trading in the device; users can sign up for the program — called One Up — with an Unlimited, My Way or All-In plan.
AT&T (NYSE:T): AT&T is taking a stand against those who violate copyright protections: for repeat offenders of violations to copyrighted material, AT&T warns that it has the power and capacity to shut down the user’s Internet connection, before even discussing the “official” mitigation measures. The program, known as the “six strikes” Copyright Alert System, “took years of negotiation and a promise that no subscribers would have their internet access terminated or blocked because of copyright alerts to finally get the necessary parties on-board,” Geek reports.
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