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Articles tagged with: Radioshack
RadioShack In dumps Verizon in favour of Cingular
FORT WORTH, Texas -(Dow Jones)- radioshack Corp. (RSH) inked 10-year and 11-year deals, respectively, with Cingular Wireless (CIW.XX) and Sprint PCS, to be its wireless providers at radioshack stores in the U.S. more
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RadioShack CEO: Pleased With Wireless Deal Talks
CHICAGO -(Dow Jones)- radioshack Corp.'s (RSH) top executive said Tuesday that he is "extremely pleased" with how discussions have progressed to renegotiate two major wireless contracts due to expire in the coming year. more
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TELECOM REPORT: Fast-growing Inphonic Comes Back
WASHINGTON (Dow Jones) -- Online vendor Inphonic Inc. sits at the crossroads of two important consumer trends: millions of Americans buy or switch wireless phone service each year and are turning to the Internet to find a new plan. more
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Mobility Gets Investment From RadioShack, Motorola"
SCOTTSDALE, Ariz. -(Dow Jones)- Mobility Electronics Inc. (MOBE) said that radioshack Corp. (RSH) and Motorola Inc. (MOT) have each invested $5 million in the company in a deal that Mobility said should modestly help sales and earnings this year and materially help financial results starting in 2006. more
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Verizon fined by California court
Verizon Wireless has resolved a class action lawsuit against it, which will result in refunds for some of its customers and a change in the sales practices that are followed by the radioshack retailer. AirTouch Cellular, which later became Verizon Wireless used "oral contracts" between 1997 and 2000 as opposed to written contracts. The oral contracts lasted for two years, and had a US$150 termination fee if the customer cancelled their contract in the second year, before it had expired. However, under California law, oral contracts can only last for one year, and therefore the company was illegally charging the termination fee after the one year period had expired. Verizon Wireless must now provide written contracts to its customers connected through radioshack stores and also radioshack will be forbidden from selling Verizon products in areas that Verizon does not offer coverage. The two companies also must pay $1.5 million in fines and legal costs." more
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Rogers AT&T extends exclusive retail agreement
The Canadian cellular network, Rogers AT&T Wireless has renewed its exclusive retail agreement with radioshack Canada for an additional 5 year term commencing January 1, 2002. Under the terms of the agreement, radioshack Canada stores across the country will continue to offer exclusively Rogers AT&T Wireless products. In addition, the two companies will continue to work together to operate Rogers AT&T Wireless Communications Express stores across Canada. There are 473 radioshack corporate store locations, 360 Associate Dealer store locations and 55 Rogers AT&T Wireless Communications Express store locations which offer Rogers AT&T Wireless products and services exclusively. radioshack is Rogers AT&T Wireless' largest retail partner, and this contract will prevent radioshack from reselling services from any other cellular network." more
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