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Article Excerpt Damages Sought Over PCI's Right to Sell Popular iPhone and AT&T Violations of Non-Solicitation Agreement
FORT WORTH, Texas -- Teletouch Communications, Inc. (OTC: TLLE), a leading provider of AT&T (NYSE: T) and T-Mobile USA (NYSE: DT) cellular services, two-way radio, mobile electronics and related consumer electronics products and services, today announced that its subsidiary, Progressive Concepts, Inc. dba Hawk Electronics (PCI), the largest remaining master distributor of AT&T cellular products and services in the U.S., initiated legal action against AT&T seeking at least $100 million in damages. The process of binding arbitration was commenced to seek relief for damages incurred when AT&T prevented the company from selling the popular iPhone and other "AT&T exclusive" products and services that PCI is entitled by contract to provide to its customers. In addition, the action asserts that AT&T has violated the longstanding non-solicitation agreement between the companies, by actively inducing customers to leave PCI for AT&T, and employing predatory business practices. PCI is represented in this matter by the law firm of Bracewell & Giuliani,...
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