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.

22 bidders join Myanmar mobile telephone battle

Vodafone, China Mobile and an investment fund linked to billionaire George Soros are among 22 bidders vying to enter Myanmar, one of the world's last unexplored mobile telephone frontiers.

Mobile broadband use to leap by 2015: Ericsson

The number of people using mobile broadband to access the Internet is expected to soar from around 400 million today to some 3.5 billion by 2015, Swedish telecommunications equipment giant Ericsson said on Wednesday.