Last month, AT&T (NYSE: T) sued Verizon Wireless (NYSE: VZ) to stop advertisements from the carrier comparing the two companies' 3G network coverage. AT&T claimed that the ads, which portrayed Verizon as having far greater nationwide 3G coverage, were misleading.

AT&T has since launched an ad campaign of its own starring actor Luke Wilson, that touts AT&T's nationwide coverage.

A federal judge had earlier rejected AT&T's request to have Verizon Wireless pull the ads. A preliminary court hearing was set for December 16, but today the two companies announced a settlement though few details were forthcoming.

Get the full story here at InternetNews.com