Sprint Settles Suit for $57.5 million

A Kansas court on Wednesday approved a $57.5 million payment by Sprint Corp. to settle a lawsuit from the company’s recombination of two tracking stocks in 2004. The lawsuit, originally filed in 2005, centered on the company’s handling of a complex conversion of stock in which two separate tracking stocks – PCS (linked to Sprint’s […]

Verizon, Vonage Settle Their Differences

Vonage Holdings Corp. and Verizon Communications Inc. on Thursday settled their patent dispute in a move that some analysts predict might keep Vonage out of bankruptcy for now. Vonage said its payments to Verizon will be capped at $32 million, in addition to the $88 million already accrued and held in escrow. However, the settlement […]

BlackBerry Shutdown Decision Put on Hold

U.S. District Judge James R. Spencer said he will rule later as to whether BlackBerry mobile e-mail service should be shut down in the United States, after a much-anticipated hearing this morning. Spencer chastised both sides for failing to settle their dispute in the patent-infringement case. NTP Inc. claims BlackBerry creator Research In Motion Ltd. […]

Motorola Settles Lawsuit with Ex-Exec

Motorola Inc. said today it has agreed to settle its lawsuit against its former president and COO, Mike Zafirovski. Zafirovski recently was named president and CEO of Nortel Networks, and Motorola claimed he had breached his non-compete, confidentiality and no-solicitation contracts. In agreeing to dismiss the lawsuit, Motorola is requiring Zafirovski to protect the companys […]

Wholesale Channel

Posted: 1/2002 Wholesale Channel OSS Advances Preserve Promise of UNE-P Choose Your Web Hosting Wholesaler Well New PaeTec Partner Targets Resellers NextWave, FCC Settle Dispute Over PCS Licenses NEWS BRIEFS

Wholesale Channel: NextWave, FCC Settle Dispute Over PCS Licenses

Posted: 1/2002 Wholesale Channel NextWave, FCC Settle Dispute Over PCS Licenses By Khali HendersonNextWave Telecom Inc. announced Nov. 16 it had reached an agreement with the Federal Communications Commission (FCC), the U.S. Department of Justice (DOJ) and numerous wireless service providers to resolve a long-standing dispute over PCS licenses the would-be carrier’s carrier held. The […]

No. 2 Won’t Do

Posted: 08/1998 No. 2 Won’t Do Sprint Wholesale’s Alves won’t settle for the ‘Avis’ role By Peter Meade Being No. 2 may be good enough for Al (Gore) or Avis, but not for Alves. Paget L. Alves, president of Sprint Wholesale, has taken a sharpshooter’s aim on making his operation into numero uno in the […]

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