BT profit down 35%; Spice, Tata post profit declines

> BT's fiscal first quarter profit declined about 35%, though revenue rose about 3%, driven by corporate customer growth. Article

> India's Spice Telecom and Tata Communications both reported declines in net income for their most recent quarters. Article

> Billionaire Alec Gores buys Siemens Enterprise Communications for $5.5 billion. Article