Akamai Technologies Inc. rose the most in more than four months after forging a deal with AT&T Inc. to provide the carrier’s business customers with so-called content-delivery services.
AT&T Inc., the largest U.S. telephone company, sold an office complex in the San Francisco Bay area to Sunset Development Co. and MetLife Inc. for more than $250 million, a Sunset executive said.
AT&T Inc., the second-biggest U.S. mobile-phone operator, will be the exclusive carrier for Amazon.com Inc.’s new smartphone, according to a person familiar with the matter who asked not to be identified because the deal isn’t public.
Sprint Nextel Corp. said it plans to give some mobile-phone customers $100 pint-sized cell towers to improve coverage, a move that may put pressure on other competitors to follow suit.
Nokia Oyj , the world’s largest mobile-phone maker, has canceled the introduction of its X7 smartphone with AT&T Inc. in the U.S., according to a person familiar with the situation.
Research In Motion Ltd. , maker of the BlackBerry smartphone, plans to hold an event Aug. 3 that may be a debut of a new model with a slide-out keyboard, analysts said.