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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
12/19/201416:16:49AT&T Boosts Dividend
12/19/201416:13:23AT&T Inc. Boosts Dividend 2.2%
12/19/201416:09:22BlackBerry's Loss Narrows, Revenue Falls 34% -- 2nd Update
12/16/201416:38:28Sprint to Face Record Fine Over Unauthorized Customer Charges
12/16/201416:16:49T-Mobile Offers to Roll Over Data -- Update
12/16/201413:20:09T-Mobile Offers to Roll Over Data
12/16/201413:05:54T-Mobile Offers to Roll Over Data, Harking Back to Era of Voice...
12/11/201408:31:12Telecom-Equipment Maker Ciena Posts Surprise Loss -- Update
12/11/201408:03:14Ciena Widens Loss in Fourth Quarter
12/10/201411:31:07Pump Prices Prime Economy for Growth
12/09/201417:38:09AT&T, Verizon Warn Competition Is Pushing Up Subscriber Departures
12/09/201416:03:19AT&T: Competition for Customers Rising -- Update
12/08/201420:01:20Corporate Profit Forecasts Ride on Politics
12/08/201419:10:22Wireless Price War Takes A Bite Out Of Verizon's Profits -- 2nd...
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

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