China Telecom profit rises after it offers iPhone

State-owned China Telecom, the country's third biggest mobile phone operator by subscribers, said Wednesday that profits grew in the first half of the year as revenue from iPhone sales kicked in.

Tech industry braces for more antitrust scrutiny

(AP) -- After eight years of light antitrust scrutiny under a Republican White House, the technology and telecommunications industries are bracing for stepped up oversight by the Obama administration's Justice Department.

India's telecom auction raises 25% of target

India's government announced on Wednesday it had raised one-quarter of what it expected from an auction of mobile spectrum that telecom industry critics said had been overpriced.

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