BROADBAND

Australia's government will build a A$43 billion ($31 billion) high-speed broadband network, leading a new private-public company, after rejecting bids by companies that it said failed to offer value for money.

Australia's government will build a A$43 billion ($31 billion) high-speed broadband network, leading a new private-public company, after rejecting bids by companies that it said failed to offer value for money.

Australia's government will build a new A$43 billion ($30.7 billion) national high-speed fiber-optic broadband network, rejecting bids in a controversial tender involving some of the country's largest telecommunications firms.

Credit rating firm Standard & Poor's cut its outlook on Sprint Nextel Corp to negative from stable, saying the wireless carrier's financial health could deteriorate further this year as it loses more subscribers.

Verizon Communications' video, Internet and wireless businesses are growing despite the recession's impact on its traditional phone business and its enterprise segment, Verizon's top executive said at the CTIA annual wireless technology showcase.

Verizon Wireless will start selling a netbook -- a cheaper, more basic version of a notebook -- as early as next quarter, Bloomberg said, citing a person close to the project.

Phone companies faced off against consumer groups on Monday, in a debate over whether $7.2 billion in federal broadband spending should come with a mandate that Internet networks remain open to all traffic.

By Huw Jones

By Kim Dixon

Sony and Comcast are working together to open a unique co-branded retail experience in the Comcast Center: Sony Style Comcast Labs.

Telecommunications firms vying for $7.2 billion in funding for broadband expansion urged regulators to allow all companies that have current government licenses to be eligible to apply.

U.S. phone companies complained to U.S. lawmakers on Thursday that a $4.5 billion annual fund intended to ensure nationwide service in high-cost areas is outdated and promotes inefficiency.

On March 10 Verizon Business announced it will provide network and data services at U.S. Department of Defense installations around the world under a new contract awarded by the Defense Information Systems Agency (DISA).

Lobbyists, telecommunications industry officials and others crowded into a public meeting on Tuesday to influence the government's $7.2 billion grant program for high-speed Internet expansion.

AT&T Inc on Tuesday said it would invest $17 billion to $18 billion through capital spending in 2009, in line with its previously announced plan to cut spending by up to about 15 percent.

AT&T Inc on Tuesday said it plans to invest $17 billion to $18 billion on capital spending in 2009, with about two-thirds to be used to improve its wireless and wired broadband networks.

AT&T Inc on Tuesday said it plans to invest $17 billion to $18 billion on capital spending in 2009, with about two-thirds to be used to improve its wireless and wired broadband networks.

Internet service providers like AT&T Inc are making greater efforts to manage traffic on their networks as they seek ways to avoid congestion caused by bandwidth-hogging services like video, industry officials said on Thursday.

NEW YORK - Comcast Corp , the largest U.S. cable television provider, posted a better-than-expected fourth quarter profit as it tightened its costs but lost subscribers reflecting stiff competition with phone and satellite companies for customers. Excluding a $600 million writedown of its stake in wireless company Clearwire Corp and other one-time expenses, its quar...

Verizon Communications sees the weak economy helping sales of an on-demand computer hosting service it plans to launch this summer, an executive for the telecom service provider said on Tuesday.

NEW YORK - Comcast Corp , the largest U.S. cable television provider, posted a 32 percent drop in fourth quarter net profit on Wednesday, due to a writedown related to its Clearwire Corp stake and said it lost 233,000 subscribers. Net profit fell to $412 million, or 14 cents a share compared with $602 million, or 20 cents a share in the year ago quarter. The compan...