Telecommunications

July 24, 2018 - 6:37 am
HONG KONG (AP) — The state-owned monopoly that operates China's vast network of mobile phone towers said Tuesday it plans to raise up to $8.7 billion in the biggest global stock offering in four years. China Tower Corp. said 60 percent of the money will be invested in its operations. It gave no...
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FILE - In this July 25, 2017, file photo, Alphabet stock is shown on a screen at the Nasdaq MarketSite in New York. Shares in Google parent Alphabet jumped in after-hours trading Monday, July 23, 2018, as the company's second-quarter results exceeded Wall Street forecasts after taking into account a $5 billion charge levied by European regulators. (AP Photo/Mark Lennihan, File)
July 23, 2018 - 4:01 pm
MENLO PARK, Calif. (AP) — Google parent Alphabet on Monday reported second-quarter earnings that pleased Wall Street, even as it booked a $5.1 billion charge to cover a fine levied by European regulators. The company reported a profit of $3.2 billion for the three months that ended June 30. Google...
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EU Commissioner Margrethe Vestager holds a press conference on a Competition Case involving Google Android at the European Commission building, in Brussels on Wednesday, July 18, 2018. he European Union's antitrust chief has fined Google a record $5 billion for abusing the market dominance of its Android mobile phone operating system. (AP Photo/Olivier Matthys)
July 18, 2018 - 9:02 pm
BRUSSELS (AP) — European regulators' latest swipe at the dominance of U.S. tech giant Google could open new opportunities for rivals in search and web browsers — that is, if handset manufacturers decide to make the most of the opening. The European Commission on Wednesday fined Google a record $5...
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EU Commissioner Margrethe Vestager holds a press conference on a Competition Case involving Google Android at the European Commission building, in Brussels on Wednesday, July 18, 2018. he European Union's antitrust chief has fined Google a record $5 billion for abusing the market dominance of its Android mobile phone operating system. (AP Photo/Olivier Matthys)
July 18, 2018 - 6:15 pm
BRUSSELS (AP) — European regulators came down hard on another U.S. tech giant Wednesday, fining Google a record $5 billion for forcing cellphone makers that use the company's Android operating system to install Google search and browser apps. The European Union said Google's practices restrict...
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FILE - This Wednesday, April 26, 2017 file photo shows a Google icon on a mobile phone, in Philadelphia. European Union antitrust chief Margrethe Vestager is planning a statement on Wednesday, July 18, 2018 amid reports that her office will slap a record $5 billion fine on Google for abuse of its dominant position in the Android mobile phone operating systems. The decision was widely expected this week and financial media, including Bloomberg and the Financial Times, said the amount would total 4.3 billion euros. (AP Photo/Matt Rourke, File)
July 18, 2018 - 7:14 am
BRUSSELS (AP) — The Latest on the EU's fine against Google (all times local): 4:15 p.m. Analysts and tech companies are divided over the merits of the European Union's fine against Google for abusing the market dominance of its Android mobile operating system. The EU said Wednesday that Google...
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