Leap Wireless ADDED to iPhone Carrier Lineup and 4 Telecom Titans Attracting Interest
AT&T, Inc. (NYSE:T): According to CNet, initial stock of Apple’s (NASDAQ:AAPL) iPhone 5 for release day delivery sold out in about hour. The site adds that the iPhone 5 took down numerous online retailers in the process, as early buyers discovered that Apple and AT&T’s online stores were down for maintenance. The shares traded down $0.85 (2.23%) recently at $37.30.
Sprint Nextel Corp. (NYSE:S): Apple has sold out of its launch date inventory for the iPhone 5 in about an hour, and now AT&T and Sprint have continued advertising that new orders will be available by Sept. 21. However, Verizon has already been pushed back to Sept. 26. The shares traded up $0.08 (1.54%) recently at $5.2799.
Verizon Communications Inc. (NYSE:VZ): A joint venture of AT&T (NYSE:T) which is currently working on the development of a mobile-payments service, has pushed back its first major test of the product, which was to take place in Austin, TX and Salt Lake City, according to the Wall Street Journal. The reasons for the delay have not been revealed. The shares traded down $1.03 (2.26%) recently at $44.55.
Vodafone Group plc (NASDAQ:VOD): GSM operators including Airtel, Vodafone, and Idea have lost more than 7.10 million subscribers during August, 2012, reducing the country’s total subscriber base to 671.95 million, according to Cellular Operators’ Association of India (COAI). The shares traded down $0.21 (0.73%) recently at $28.5477.
Leap Wireless International Inc. (NASDAQ:LEAP) intends to offer Apple’s (AAPL) iPhone 5 beginning on Sept. 28 for Cricket customers, Leap announced on Thursday. The company began offering the iPhone 4 and iPhone 4S during June, and stated that it would announce details such as pricing closer the time when it will be available. The shares traded up $0.15 (2.49%) recently at $6.18.
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