CenturyLink buys Level 3 in big telecom tie-up

US telecom group CenturyLink announced Monday it was acquiring Level 3 Communications for $34 billion including debt, boosting its position as a global internet and fiber communications provider.

Verizon reveals 320,000 US data queries in 2013

Verizon on Wednesday became the first major US telecom carrier to release a "transparency report," and said it received 320,000 data queries last year in the United States alone.

Verizon reclaims US wireless stake for $130B

Verizon will own its wireless business outright after agreeing Monday to pay $130 billion for the 45 percent stake in Verizon Wireless owned by British cellphone carrier Vodafone.

SoftBank chief aims to create 'world's No.1 company'

The flamboyant founder of Japanese telco SoftBank, which is close to a $21.6 billion takeover of US firm Sprint Nextel, on Friday added a new goal to his lofty agenda: creating the world's biggest company.

China Mobile 2012 profit rises just 2.7 percent

China Mobile Ltd., the world's biggest phone carrier by number of subscribers, said Thursday that profit rose just 2.7 percent last year as it grappled with fierce competition and higher costs.

AT&T sponsors Kindle 3G price cut

Online retail powerhouse Amazon on Wednesday began selling a cut-price version of its Kindle 3G electronic reader sponsored by US telecom carrier AT&T.

Pinger bringing free text messaging to Europe

Silicon Valley startup Pinger on Wednesday said it will expand into Europe with a German service for free text messaging using Apple or Android-powered gadgets.

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