Reuters - China will issue three licenses for high-speed third-generation mobile phone services and encourage a restructuring of leading telecoms companies, including a merger of China Unicom (0762.HK) and Netcom (0906.HK), the government said on Saturday.

Reuters - Verizon Wireless said on Friday it is trying to forge a deal with consumer groups and regulators that would reduce the fees customers are charged when they cancel their cell phone service early.

AP - Yahoo Inc. on Thursday postponed a looming showdown for control of its board, giving itself more time to prepare a defense — or negotiate a sale to Microsoft Corp. that would cause activist investor Carl Icahn to call off the mutiny.