Sprint, AT&#38;T to Pay About $1.5 Million for Unfair Practices
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Sprint Corp. and AT&#38;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 they considered credit risks without notifying the consumers of their rights.
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Four U.S. broadcast companies, together owning more than 1,500 radio stations, tentatively agreed to pay $12.5 million in fines in a pay-to-play music scheme.
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Verizon and Sprint wireless customers will get a small break on their bills soon. The companies have decided to eliminate or reduce a 40-cent-per-line monthly charge imposed to allow customers
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AT&amp;T Corp., the largest US long- distance telephone company, agreed to pay $100 million to settle lawsuit by shareholders who sought $2.
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Sprint Corp. reported Tuesday a $1.91 billion net loss for the third quarter, due to a previously announced re-evaluation of its long distance network assets, but beat analysts' expectations for the quarter.
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The suit seeks $1 billion in damages and an injunction against further violations.
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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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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 Nextel Corp  said on  Thursday it will take a material goodwill impairment charge  representing a substantial portion, and potentially all, of the  $31 billion goodwill on its balance sheet.
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Disney and Viacom agreed to a fine of $1.5 million from the Federal Communications Commission over claims their children&#39;s cable television networks violated advertising restrictions, the FCC said Thursday.
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In the first of a series of patent disputes regarding its claims to rights to technologies used in MP3 audio codecs, French telecommunications firm Alcatel-Lucent -- which now owns the IP first conceived by Bell Laboratories -- was awarded $1.5 billion in a jury verdict against Microsoft in a federal district court in Seattle this afternoon.
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(InfoWorld) - A federal court ruled on Tuesday that struggling VoIP provider Vonage infringed on patents owned by Sprint Nextel. Jurors in the U.S. District Court in Kansas found that Vonage willfully infringed on Sprint's patents as part of its VoIP service, Vonage said. The jury awarded Sprint $69.5 million in damages, which amounts to 5 percent of Vonage's revenue during the infringing period. Vonage plans to initially ask the court to set aside the verdict, but if that fails, the company will appeal the decision. In the meantime, Vonage will also develop workarounds that don't require Sprint's patents, it said. This is the second legal blow to Vonage this year. A court found earlier this year thatÂ Vonage infringed on Verizon patents. That case came with an injunction that would have prevented Vonage from signing up new customers.Â Vonage won a stay of that injunctionÂ and is appealing the original infringement ruling. Although it's clearly bad news for Vonage to have two patent infringement rulings against it this year, the appeals could change everything, said Seth Ostrow, a partner specializing in patents in Dreier LLP. "Often there are mistakes made during various stages of a case that form the basis for a successful appeal, and that, coupled with the statistics, gives reason to think that Vonage has a significant chance of getting this changed," he said. Statistics show that patent cases often get changed on appeal, he said. In August, Vonage said it had nearly completed rolling out workarounds for two of the three patents claimed by Verizon. Still, the Verizon case alone appears to have slowed growth for the company, the largest independent VoIP provider. In its second quarter this year, Vonage added 57,000 customer lines, compared with 256,000 in the same quarter in the previous year. Vonage has said that Verizon pursued the lawsuit in an effort to eliminate a competitor. Vonage stock opened the day at $1.99 and closed at $1.20, a 33 percent drop. This story was updated on September 25, 2007
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Atlanta-based Home Depot USA Inc. likely will pay $5.5 million to current and former employees in Colorado as the result of an Equal Employment Opportunity Commission lawsuit.
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A US jury found Microsoft guilty of infringing Alcatel-Lucent patents on Thursday and ordered the software giant to pay the French-US firm 1.5 billion dollars.
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Shortly after being ordered to pay $58 million to Verizon in a patent suit, voice-over-the-internet phone service Vonage has now been ordered to pay $69.5 million to Sprint Nextel.
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(InfoWorld) - MicrosoftÂ must pay $1.5 billion in damages to Lucent-Alcatel for infringing on patents for MP3 encoding and decoding technology, a U.S. jury said Thursday. Lucent-Alcatel, which was then Lucent Technologies, first filed suit in 2003 against Microsoft customers DellÂ and GatewayÂ for infringing on 15 patented technologies it said were being used in Microsoft's Windows Media Player in its Windows client OS. Microsoft filed a countersuit in a U.S. District Court in San Diego against Lucent-Alcatel to discourage additional legal action against its customers. A judge threw out the cases on two of the patents and separated the remaining 13 patent infringement disputes into six separate groups. Thursday's decision marks the end of the first trial on those groups of patents; five jury trials remain pending, Microsoft said. In a statement from its public relations firm, Microsoft spoke out against the court's decision and said it plans to appeal if necessary. "We think this verdict is completely unsupported by the law or the facts," the company said in a statement. "Like hundreds of other companies large and small, we believe that we properly licensed MP3 technology from its industry recognized licensor -- Fraunhofer. The damages award seems particularly outrageous when you consider we paid Fraunhofer only $16 million to license this technology." Lucent-Alcatel could not be reached immediately for comment Thursday.
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Sprint Nextel Corp., the nation's third-largest wireless provider, said Thursday it will have to write off a significant chunk of the remaining value of its 2005 purchase of Nextel Communications Inc. and several affiliates, reflecting the continued struggles of its wireless operations.