AT&T Stock ACCELERATES and 4 Telecom Titans Attracting Interest
AT&T, Inc. (NYSE:T): AT&T has launched their eco-ratings system which allows customers to compare cell phones’ impact on the environment. The rating system, developed in collaboration with sustainable business strategists BSR, rates mobile devices on 15 specific criteria in five categories: hazardous substances, environmentally preferable materials, product energy efficiency, end of life take back and environmentally responsible manufacturing.
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Sprint Nextel Corp. (NYSE:S): Among the options that are opened to Apple (NASDAQ:AAPL),which is now sitting on approximately $117 billion, would be to continue holding the money, increase their dividend, spend a little at a time, or using it for a large scale acquisition of such companies as Nuance, Twitter, Path, Research in Motion (NASDAQ:RIMM), Square, and Sprint (NYSE:S).
Verizon Communications Inc. (NYSE:VZ): Verizon Wireless’ deal with several large cable companies continues to be a source of controversy as well as questions. Senators Barbara Mikulski and Benjamin Cardin, both representing Maryland, have written to the Federal Communications Commission and the Justice Department, urging them to “consider most carefully” the concerns they have regarding the social and economic impact that the deal could have on Maryland and other communities. They noted that Verizon’s recent announcement stating it will no longer sell stand-alone DSL, “leaves consumers with fewer alternatives. ”
Vodafone Group plc (NASDAQ:VOD): Telstra and Vodafone have announced that on August 31, 2012, they will end operations on their joint 3G mobile network that works in the 2100MHz spectrum. They have advised customers to get ready for the switch and have told them that when the network is shut off, devices will still have access to the 2G network, but will need to upgrade to an 850MHz compatible device to access Telstra’s 3G network.
Clearwire Corporation (NASDAQ:CLWR): According to a regulatory filing, Sprint Nextel’s (NYSE:NYSE:S) push to shut down their iDEN network is a major element of their Network Vision’s modernization plan. However, this could cause their partner, Clearwire (NASDAQ:CLWR), to let go of some their own mobile WiMAX sites earlier than expected. Clearwire has mobile WiMAX equipment co-located on some of Sprint’s iDEN sites including sites that are slated for decommissioning. Sprint has already taken 9,600 Nextel iDEN cell sites off the air earlier than expected, and said last week that they have completed the “thinning” of their iDEN network for this year.
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