Fiercer competition for quicker innovations

Reading e-mails while on the move, downloading music, or watching videos is quite normal for smartphone users. European mobile communication markets, however, are far behind the top innovator: Japan. This is identified by ...

SK Telecom Q4 net profit falls on higher spending

South Korea's largest mobile carrier SK Telecom said Thursday its fourth-quarter net profit fell 61 percent year-on-year due to higher spending on next-generation network technology and lower fees.

China Telecom launches British mobile venture

Telecoms giant China Telecom is launching a mobile virtual network in Britain in partnership with Everything Everywhere, targeting Chinese residents and visitors, the British company said Wednesday.

Ericsson reports profit leap, shares slump

Swedish telecom equipment maker Ericsson reported Thursday a 65 percent jump in second quarter net profit on strong sales but this still fell short of expectations and its shares slumped.

UK's O2 apologizes for smart phone service trouble

(AP) -- The head of mobile phone operator O2 has apologized to customers in the British capital who were unable to make calls after the group's network was swamped by people using smart phones such as Apple Inc.'s iPhone.

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