Friday, 30 June 2017

Sprint is getting sued for sabotaging RadioShack’s comeback

RadioShack is going down swinging. With nearly all of its stores now out of business, the retailer’s creditors have sued Sprint and are accusing the wireless carrier of backstabbing RadioShack and destroying any hope of a great American comeback story. The creditors are seeking $500 million in damages, according to Reuters, and are alleging that Sprint used a co-branding partnership formed between the two companies in 2015 to its own selfish benefit — and to RadioShack’s eventual doom.

That was back when RadioShack had freshly emerged from bankruptcy and was oddly hopeful that adding Sprint (by then the fourth largest US carrier) to its stores could somehow help turn things around and hold off the hand of fate. In this case, that’s the...

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from
https://www.theverge.com/2017/6/30/15904608/radioshack-creditors-sue-sprint

from
http://ifeeltechinc.blogspot.com/2017/06/sprint-is-getting-sued-for-sabotaging.html

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