By Allen Tsai | Wed Oct 21, 2009 9:28 am |
AT&T is suing LG, Samsung and other major makers of LCD screens for cell phones, alleging they colluded to raise the prices it paid for 300 million handsets.
The Dallas, Texas-based company filed the suit in U.S. District Court in San Francisco, alleging a "long-running conspiracy" between 1996 to 2006, to fix, raise, stabilize and maintain the prices of LCD panels.AT&T said it purchased more than 300 million handsets for resale during the conspiracy period. Hitachi Displays, LG Display, Sharp, and Chunghwa Picture Tubes, all of whom were named in the suit, have already pleaded guilty to U.S. charges of illegal price-fixing, agreeing to pay $585 million in criminal fines. AT&T's lawsuit also names Epson Electronics, Samsung Electronics, Sharp and Toshiba.
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Thu Jan 26, 2012 4:07 pm | By
AT&T posted a hefty fourth-quarter loss in the wake of its scrapped T-Mobile merger, as it strategizes to boost spectrum and reduce its iPhone dependence in the year ahead.
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Thu Jan 26, 2012 11:14 am | By
Nokia's Windows Phone-powered Lumia 900 will sell for $100 when it launches at AT&T later this year, according to reports, in a move that will raise the profiles of the maker and the OS.
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Tue Jan 24, 2012 11:21 am | By
AT&T will transfer $1 billion in spectrum to T-Mobile, bolstering its would-be partner after the failed merger attempt.
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Thu Jan 19, 2012 10:51 am | By
AT&T announced it is increasing the cost of its data plans, along with how much data its customers will receive, as the carrier adjusts to the changing needs of its users.
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