FBI backs record-keeping on prepaid cell phones

(AP) -- FBI Director Robert Mueller has endorsed anti-terrorism legislation that would require prepaid cell-phone sellers to keep records of buyers' identities.

Lawmakers seek prepaid cell crackdown, cite terror

(AP) -- Alarmed by the use of hard-to-track prepaid cell phones by terror suspects, New York Sen. Chuck Schumer and Texas Sen. John Cornyn have introduced legislation requiring consumers to produce identification before ...

US lawmakers target pre-paid cellphone anonymity

US lawmakers unveiled a bill Wednesday to enable law enforcement to identify users of pre-paid cell phones, charging that anonymity makes the devices attractive to terrorists, drug kingpins and gangs.

Sprint Nextel to buy Virgin Mobile USA

(AP) -- Sprint Nextel Corp. is intensifying its focus on the fast-growing market for prepaid cell phone service with a $483 million deal to buy Virgin Mobile USA Inc.

Motorola loss widens; analysts see worrisome signs

(AP) -- Motorola Inc. defeated low expectations Thursday, posting a smaller first-quarter loss than Wall Street had expected and regaining its position as the world's fourth-largest maker of cell phones.

Cut-rate prepaid plans shake up wireless industry

(AP) -- As wireless carriers start reporting first-quarter results this week, investors will be looking at the effects of some spectacular price cuts for prepaid cell phone service.