U.S. carriers band together to form database of stolen phones
AT&T, T-Mobile, Verizon, and Sprint have agreed to create a shared database of stolen cellphones in order to lock them down and reduce resale value. Once a phone is identified as stolen, carriers would be able to block it from getting service from any of the service providers.


Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/S0x26zcRQpY/story01.htm

