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Verizon: Wireless Funds Fiber
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Verizon Communications Inc. said profits for the quarter ending March 31 shrunk a bit from the prior year's quarter, due to costs related to its acquisition of MCI LLC , as well as additional costs related to the company's massive fiber optics projects. Sales and subscriptions were up, though, thanks to the...France Telecom Culls UK Staff
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France Telecom SA is cutting between 1,800 and 2,000 jobs in the U.K. as it converges its British mobile and broadband businesses, Orange UK and Wanadoo UK , into a single unit under the Orange brand. The cull is part of a broader headcount reduction program unveiled in February...Verizon Slashes VoIP Prices
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Verizon has cut the price of its voice over Internet Protocol (VoIP) service to match that of Vonage -- a defensive move that could spark a price war. The carrier also eliminated discounts for its broadband subscribers, pricing its VoIP service the same for all comers, including those in regions far outside its normal service area. ...Copyright (C) 2005 PricewaterhouseCoopers.