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NY State Files $300 Million Lawsuit Against Sprint Nextel -CNBC

DOW JONES NEWSWIRES The New York State Attorney General has filed a $300 million lawsuit against Sprint-Nextel Corp. (S), accusing it of deliberately undercollecting and underpaying state and local sales tax, CNBC reported Thursday. The AG's office said Sprint's competitors, AT&T Wireless and Verizon Wireless (VRZ.XX), have all properly followed sales tax laws and we are still awaiting Sprint's response, the report said. Full story at www.cnbc.com -Dow Jones Newswires; 212-416-2900

Stock News for Att (T)
DateTimeHeadline
11/25/201418:55:04Telefónica Works to Redraw Its Empire
11/24/201421:10:32Carriers Issue Debt as Spectrum Auction Bids Top $36 Billion
11/24/201420:53:52Carriers Issue Billions in Debt As Spectrum Auction Bids Top...
11/24/201410:20:07Wal-Mart Adds Former American Airlines CEO Horton to Board
11/21/201422:00:51Wireless Carriers Bid Up US Airwaves To Record
11/21/201413:58:34Appeals Court Grants TV Programmers Stay in FCC Dispute -- Update
11/21/201413:10:09Federal Appeals Court Grants TV Programmers Stay in FCC Dispute
11/21/201407:28:47European Telecoms Bet on Data, Investment in 4G Infrastructure
11/20/201415:59:45AT&T to Settle Hazardous Waste Allegations in California -- Update
11/20/201415:35:35AT&T to Settle Hazardous Waste Allegations in California
11/18/201420:16:05AT&T Joins Fray On Location Data
11/18/201420:11:29AT&T Enters Legal Fray Over Cellphone Location Data
11/17/201418:51:43Sprint's CEO Shakes Up Executive Ranks, Chief Marketing Officer...
11/03/201423:50:42Australia Holds Interest Rates Steady
10/31/201407:59:34Two Picks to Dig Into Pipelines, Shale Energy -- Barron's
10/29/201400:40:12FTC Sues AT&T, Alleging Company Misled Consumers
10/28/201403:34:08Matomy Media Buys Austrian Mobile Advertising Firm for $17.6...
10/27/201404:56:57AT&T Launches Maiden Bond in Taiwan; Seeks to Raise Up to $1.5...
10/26/201417:03:17Germany Bets on 'Smart Factories' to Keep Its Manufacturing Edge
10/23/201419:33:14Will Free Data Become the Next Free Shipping?

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