Sinead Carew

AT&T unveiled on Monday an offering that lets customers using its network for Web-surfing on laptop computers or netbooks avoid the obligation to sign a two-year contract with the operator.

Cisco Systems is buying privately held Web security company ScanSafe for about $183 million, a move that will intensify its battle with security giants Symantec and McAfee.

Dropped calls may be annoying to a mobile phone user but network equipment makers and operators are eyeing a big payday from congested cellphone networks.

Verizon's 3rd-quarter profits were $2.89 billion on revenues that were up 10.2% to $27.27 billion.

Verizon is reorganizing its two landline telecom business -- Verizon Telecom, which serves consumers, and Verizon Business, which targets corporate clients -- into one group, as consumers continue to disconnect home phones in favor of cellphones or rivals.

In a letter sent to the Federal Communications Commission, AT&T, the largest phone company in the US, said any new Network Neutrality rules need to apply to Web companies like Google as much as to phone companies to ensure a level playing field.

Federal Communications Commission Chairman Julius Genachowski said wireless phone operators should not be able to discriminate against any Internet applications or content and would have to make management practices for Web traffic transparent.

Sprint Nextel said Tuesday it will buy out Virgin Mobile USA in a deal that values the small wireless carrier at $483 million and pushes Sprint deeper into the low-end prepaid mobile market.

Verizon Wireless and Qualcomm Inc are forming a joint venture to offer machine-to-machine wireless services to companies in sectors such as healthcare, manufacturing and utilities. The venture, which is expected...

Verizon posted a lower quarterly profit and said it would cut 8,000 jobs in its wireline business, as weakness in wholesale and corporate segments overshadowed wireless growth.