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Sprint Nextel sustained a harsh legal blow this week that could have wide-ranging effects across the entire mobile telephone industry. A judge in California ruled that it is illegal for Sprint to charge so-called early termination fees when customers discontinue their wireless phone service before t...
Year-over-year profits at Tokyo-based consumer electronics giant Sony fell 47 percent to $326 million during the first quarter, and company officials predict a further decrease in profits later in the year. Several factors contributed to the massive drop in Sony profits: lower-than-expected earnings...
Verizon Communications beat Wall Street expectations on Monday, thanks to a strong showing by its wireless business. Second-quarter revenue grew to $24.1 billion, a 3.7 percent increase compared with the same period a year ago. Second-quarter earnings grew to $1.88 billion, up from $1.68 billion dur...
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