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Sprint Unit Launches Prepaid Cellphone Service to Cuba

Boost Mobile, part of Sprint Corp, on Thursday launched a prepaid plan for U.S. consumers calling and texting Cuba, taking advantage of new, relaxed U.S. commercial regulations with the communist-run island nation. The Obama administration's new Cuban policy regulations approved by the Treasury and Commerce Departments have opened the door for U.S.-based telecommunications firms to start potentially lucrative services to Cuba. Last month U.S.-based IDT Corp reached an agreement...

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