Telecoms
  • Phone companies are losing the high-speed Internet game. In the second quarter, the landline phone industry lost broadband subscribers for the first time, as cable companies continued to pile on new household and small business customers.

    LAST UPDATE : Aug 21, 2012, 9:59 PM EDT
    Story
  • Google is cutting about 4,000 jobs, 20% of the total, at its Motorola Mobility cellphone business and will close or consolidate about one-third of its 90 locations.

    LAST UPDATE : Aug 21, 2012, 5:13 PM EDT
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  • A former U.S. lawmaker who lobbied for China's second largest telecommunications-equipment maker, ZTECorp, severed ties with the company last month after reports that the FBI is investigating ZTE for allegedly selling banned computer equipment to Iran, according to a lobbying disclosure report.

    LAST UPDATE : Aug 21, 2012, 3:09 PM EDT
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  • Deutsche Telekom stuck by plans to pay a dividend of at least 0.70 euros per share for 2012 as cost-cutting in its German and U.S. markets helps it buck a trend among competitors who have been slashing their payouts to shareholders.

    LAST UPDATE : Aug 21, 2012, 3:09 PM EDT
    Story

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