As wireless service providers struggle to cope with increasing user demand for bandwidth, AT&T (T) has thrown caution to the wind and announced yesterday that they would be raising prices for capped data plans across the board. It was not said if existing users grandfathered into AT&T’s unlimited plan would be affected. The rate changes are as follows: AT&T customers will pay $20... 

Verizon Wireless announced a deal to acquire wireless spectrum from three cable companies at a cost of $3.6 billion.  If approved by the government, the spectrum transfer would further expand Verizon’s wireless data networks.  The deal will require approval by the Federal Communications Commission and a Justice Department antitrust review.  Verizon announced that it was seeking approval of the...