Verizon 1st-qtr profit, revenue beat expectations

(AP) -- Verizon Communications Inc. said Monday its earnings grew 5 percent in the first quarter, boosted by its acquisition of Alltel Corp. and strong demand for its wireless, Internet and TV services.

Low-tech tools take out phones in Silicon Valley

(AP) -- Forget, for a moment, computer viruses and sophisticated cybercrimes. A hacksaw and a few other tools were probably all it took for someone to sever eight fiber-optic cables in Silicon Valley this week, knocking ...

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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