Verizon Communications reported an increase in revenue and a double-digit spike in net income for the first quarter of 2013, compared to a year earlier, driven largely by gains in mobile customers and in revenue from its Fios service.

Verizon Communications is now accepting submissions for a contest in which the company will award US$10 million in prize money to individuals and organizations worldwide that come up with innovative ideas in education, health care and sustainability.

U.S. Federal Communications Commission Chairman Julius Genachowski announced Friday he will soon step down, following months of rumors that he would resign early this year.

U.S. broadband providers deliver nearly the residential broadband speeds they advertise, with a handful of large providers exceeding the promised service, the U.S. Federal Communications Commission said in a new report.

Two U.S. lawmakers have reintroduced a controversial cyberthreat information-sharing bill over the objections of some privacy advocates and digital rights groups.

A number of different technologies are being developed or improved to offer higher speeds for fixed and mobile broadband networks, as operators are preparing to compete with each other and carry video traffic in 3D and at higher resolutions, which is expected to happen in the coming year.

In spite of the fact that the net neutrality proposal that Google and Verizon published on Aug. 9 was not much like what the rumor mill predicted as late as the day before, the proposal sure has kicked off a lot of controversy.