Nokia to cut 450 jobs worldwide: company

Nokia, the world's leading mobile phone maker, said Tuesday it planned to cut some 450 jobs globally as it reorganises its services unit.

Cut-rate prepaid plans shake up wireless industry

(AP) -- As wireless carriers start reporting first-quarter results this week, investors will be looking at the effects of some spectacular price cuts for prepaid cell phone service.

China Mobile reports 2008 net profit up 30 percent

China Mobile, the world's largest mobile phone network operator, said Thursday its profits jumped by 30 percent last year, but warned China's telecoms market faced a tough 2009.

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