Telephone operator Verizon Communications Inc posted a smaller quarterly profit and wireless subscriber growth slowed more dramatically than Wall Street analysts' already low expectations.
The Federal Communications Commission plans to begin a process in a few months aimed at auctioning airwaves that failed to garner enough interest during the 2008 spectrum auction.
Microsoft Corp is aiming to launch two phones that will be sold by top U.S. mobile operator Verizon Wireless in late spring or early summer, a person briefed on the matter said on Thursday.
The U.S. Federal Communications Commission will seek to bring Internet speeds of 1 gigabit per second by 2020 to community institutions such as schools and government buildings, FCC Chairman Julius Genachowski said on Thursday.
The Federal Communications Commission voted to expand a school program that is likely to help increase Americans' access to high-speed Internet, a major goal of the upcoming National Broadband Plan.
