Posts tagged “AT&T”
SAP targets SAS, IBM; new iPad rates No. 1; iPhone dominates sales; Nortel trial; Cisco invests big in Brazil
Inside the Bulldog blog: SAP unveils its predictive analytics software; Consumer Reports likes the new iPad despite heat; iPhone outsells its rivals - combined; Nortel's earnings "error;" Cisco to invest $547M in Brazil
In a letter dated Friday, a law firm retained by AT&T is threatening to shut off Matthew Spaccarelli's phone service if he doesn't sit down to talk. He won a court case against the phone giant over the slowing down of data to his wireless phone.
AT&T plans to appeal verdict in which a customer was awarded $850 after he sued to fight the "throttling," or slowing down, of his smartphone data access. Many other customers could take the same action.
A California customer filed a small claims case against AT&T last month, arguing the communications giant unfairly slows speeds on his iPhone 4's unlimited data plan. The ruling could pave the way for others to follow suit.
It's unusual for company boards to cut CEO compensation for specific missteps. But the cost of the failed T-Mobile deal was exceptional. It's standard practice to offer break-up fees to get acquisition targets to sign on to a deal, but the one AT&T promised was unusually large.
AT&T has some 17 million customers with "unlimited data" plans that can be subject to throttling, representing just under half of its smartphone users. It stopped signing up new customers for those plans in 2010, and warned last year that it would start slowing speeds for people who consume the most data.
The changes will put John Stankey, previously the head of AT&T's business solutions division, into the newly created position of chief strategy officer. Stankey, 48, is credited for helping to expand AT&T's high-speed wireless network.
Together with considerable charges for adjustments in the value of the company's pension plans, the breakup of a deal to buy T-Mobile USA and a writedown of the value of its phone-directory business, AT&T reported a massive loss on Thursday for the fourth quarter of 2011.
Cree moves work; Motricity restructures; Nortel fraud case 'baseless;' AT&T gouging?; debating Internet law
In the Bulldog: Cree shifts work from Triangle to Wisconsin; Motricity abandons Asia, Triangale impact unclear; Nortel charges 'baseless;' are AT&T data price hike justified?; Internet piracy law 'dangerous.
Nokia Corp. CEO Stephen Elop joined Microsoft Corp. CEO Steve Ballmer in unveiling the phone a press event in Las Vegas ahead of the International Consumer Electronics Show. The presence of both CEOs was a sign of the importance the companies place on the device.
Cynthia Marshall says the choice of Raleigh-Cary and Chapel Hill as being among the first areas for the faster data service reflects the state's importance to AT&T. She also is celebrating her victory over advanced colon cancer.
- Asian shares lower ahead of closely watched US jobs report
- Firm to restart shuttered Siler City chicken plant, creating 500 jobs
- FDA will require e-cigarettes and contents to be reviewed
- Durham startup doesn't win Google Demo Day but still could get $$$
- House bill would curb new regulation of e-cigarettes, cigars