Well, it feels like T-Mobile isn’t any longer on friendly enough terms with Radio Shack to name it “The Shack.” The retailer announced today that it’s ending its partnership with the carrier in favor of a brand new one with rival Verizon, that can be joining current partners AT&T and Sprint. The last day to purchase a T-Cell phone or service plan on the Shack would be September 14th, with Verizon moving in and organising shop the very next day. As Reuters notes, however, the move isn’t all that surprising — the partnership has apparently been both an unprofitable one and a rocky one, with Radio Shack recently alleging that T-Mobile had “materially breached” its contract. While that’s somewhat a blow for T-Mobile, the move seems figuring out quite well for Radio Shack — its stock has already shot up greater than 20 percent today at the news.
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