Verizon Wireless to Purchase Spectrum Licenses From Cox

Cox Communications announced Friday it has entered into an agreement to sell its Advanced Wireless Service spectrum licenses to Verizon Wireless for $315 million. In addition, the two companies will also have the opportunity to sell each other's products and services through respective company sales channels.

More than 100 Million EU Citizens Have Never Surfed Web

Almost a quarter of the European Union's 500 million people have never used the Internet and there is a widening division between the web-savvy north of Europe and the poorer south and east, figures released on Wednesday showed.

iPad 3: Worth the Wait? A Rundown of Apple Rumors Before Release Date

From rumors that the iPad 3 will be transparent and rimless to speculation that Apple's newest tablet will sport 4G LTE connectivity and an amazing high-resolution display screen, here's a rundown on which of the Apple iPad 3 rumors are likely to be true and whether the tablet's upgrades are worth all the hype.

Verizon to Buy Netflix? Views on the Street Differ

A rumor that Verizon will buy Netflix is flying around, pushing up Netflix shares by 6.2 percent to $75.26 on Monday. The stock continues to rise Tuesday, with Netflix trading up $1.20 to $76.16 in early-afternoon trading.

Verizon Denied Request to Delay Payments to ActiveVideo

The New York-based telecommunications company must pay up to $11 million a month in royalties to ActiveVideo for providing video-on-demand service found to violate patents, U.S. District Court Judge Raymond Jackson ruled last month in Norfolk, Va.

Adtran to buy NSN broadband access unit

Struggling telecom network equipment maker Nokia Siemens Networks has agreed to sell its fixed-line Broadband Access business unit to U.S. firm Adtran as part of a revamp of its operations.

McConnell: Payroll Tax Cut Deal Will Get Done

After two weeks of bipartisan sniping between Senate Democrats and House Republicans, leaders in both parties are asserting a deal can be made over the payroll tax cut extension -- but their progress to-date has proven to be less than convincing.

AT&T Sues FCC Over Plan to Expand Broadband Service

AT&T seeks a review of the FCC decision on the grounds that it exceeds the Commission's authority; is contrary to the Communications Act of 1934, as amended by the Telecommunications Act of 1996; and is arbitrary, capricious, an abuse of discretion, and otherwise contrary to law.

Stock Futures Signal Lower Wall Street Open

U.S. stock index futures pointed to a weaker open for equities on Wall Street on Monday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.8 to one percent.


Verizon Strike

Congressmen Introduce Bill Tackling Overseas Call Centers

The U.S. Call Center Worker and Consumer Protection Act, sponsored by Reps. Tim Bishop (D-NY) and Dave McKinley (R-WV), would prohibit federal grants or loans to U.S. based companies who move call center jobs outside of the country following enactment of the legislation.