&#36;30 million to settle Sprint fee case
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A federal judge has given preliminary approval for Sprint Nextel Corp. to pay $30 million to settle a class-action lawsuit alleging it overcharged in passing along a federally mandated phone service subsidy.
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Cellular phone tower operator Global Signal Inc. will pay &#36;1.2 billion cash for the right to operate or lease more than 6,600 towers owned by Sprint Corp. for 32 years, the companies announced Monday.
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Sprint Corp. and AT&amp;T Corp. have agreed to pay a total of nearly $1.5 million to settle government charges that they denied or limited phone service to hundreds of thousands of customers
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Sprint Corp. is close to an agreement to buy Nextel Communications Inc. for about &#36;35 billion in a mostly stock deal that would combine the No. 3 and No. 5 U.S. wireless telephone companies, sources familiar with the situation said on Friday.
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Qwest Communications agrees to make a  $250m payment to settle charges stemming from an inquiry into an alleged securities fraud.
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WASHINGTON  - Sprint and Nextel reached tentative agreement on a merger of the two wireless telecom groups in a deal worth an estimated 34.8 billion dollars, reports said.
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Sprint and AT&T will pay nearly $1.5 million in civil penalties to settle government claims that the companies violated federal credit laws for customers seeking telephone service.
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Qwest Communications International Inc., the regional telecommunications company, agreed Thursday to pay $250 million to settle allegations that it improperly booked millions in revenue and that senior managers sought to cover it up.
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The US mobile phone company, Sprint, agreed a $35bn (Â£18bn) takeover of rival Nextel yesterday, creating a third powerhouse in the rapidly consolidating American market.
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Sprint Corp. and Nextel Communications Inc. may soon be expected to join their efforts in the mobile phone industry merging to create a company with 33 million customers and joined market value of about $35 billion.
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Qwest Communications International Inc. agreed to pay $250 million in two installments to settle a two-and-a-half-year investigation by the US Securities and Exchange Commission.
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A former sales chief at CA Inc. has agreed to pay $29.7 million in restitution after pleading guilty last year to criminal charges.
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The state police have agreed to pay &#36;5 million to settle allegations that commanders failed to rein in a rogue trooper who was sexually assaulting women.
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Handheld computer maker Palm Inc. said Wednesday it would pay &#36;22.5 million to Xerox Corp. to settle a patent infringement suit filed in 1997.
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PHILADELPHIA/NEW YORK  - Sprint Corp. is in  advanced talks to buy Nextel Communications Inc. for more than  $36 billion in a mostly stock deal that would combine the No. 3  and No. 5 U.S. wireless service carriers, sources familiar with  the situation said on Friday.
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WASHINGTON -- Sprint and AT&amp;T will be paying a total of $1.5 million to settle with federal regulators. The government charges the phone giants failed to inform potential customers of their rights under federal credit law, after they were denied service.
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Sprint Corp. said yesterday it will acquire Nextel Communications Inc. in a $35-billion deal that will create the nation&#39;s third-largest wireless phone carrier, Sprint Nextel.