AP - Best Buy Co. said Tuesday that its second-quarter profit slid 19 percent as it spent money to boost cell phone sales by completing the rollout of its Best Buy Mobile concept to nearly 1,000 North American stores.

Reuters - An upstart Internet telephone company has introduced a method for U.S. mobile telephone users to call land line phones around the world for as little as two-cents a minute on top of basic rates.

AFP - British mobile phone giant Vodafone is seeking 670 million euros (950 million dollars) in damages from Telefonica for alleged abuse of its dominant position in the 1990s, a company spokesman said Monday.