Tuesday, July 29, 2008

Sprint Loses Early Termination Fee Case

Source:
http://money.cnn.com/news/newsfeeds/articles/djf500/200807290957DOWJONESDJONLINE000447_FORTUNE5.htm

"Sprint Nextel Corp. was dealt a major blow in its early-termination-fee case when a California judge ruled it would have to pay $ 73 million."
...
"This ruling sounds the death knell for the industry's petition seeking a preemption ruling from the FCC - a ruling the industry has never been able to win in court," said Scott Bursor, an attorney representing the plaintiffs."

PDF: http://blog.wired.com/27bstroke6/files/sprintorder.pdf

The ruling is tentative and Sprint intends to fight it...

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