> Google (Nasdaq: GOOG) cites its new advertising business, with video and image ads as well as ads for mobile phones, as the chief reason for a 32 percent rise in net income for the third quarter. Revenue rose 23 percent, and Google execs its mobile business alone will add $1 billion revenue annually. Story.
> Deutsche Telekom (XETRA: DTE.DE) is still gonna have to pay a EUR 12.6 million fine, the European Court of Justice says. The court upheld its May 2003 decision that DT had abused its position as a dominant fixed-line operator in Germany's market. Story.
> Now that Nortel has netted a little cash from the auction of all its valuable assets--about $6 billion--its creditors want their share, VON|xchange reports. Several of them have hired a Los Angeles attorney to help get it. Mediation starts next month. Story.
> No more residential white pages for customers in Verizon's upstate New York service areas: The New York Public Service Commission has allowed the carrier to stop delivering a paper version of the white pages and instead offer it primarily online. Yellow pages, business, government and information listings will still be delivered, meaning residents will still have a little something to mulch their gardens with. News release.
> Traffic pumping is still a huge cost burden for carriers, TEOCO Corp. says. The cost management solutions provider released the results of a five-year study which finds that the practice has cost the industry $2.3 billion in that time period. News release.
> The price that VimpelCom (NYSE: VIP) is paying to acquire Orascom Telecom Algeria, owned by billionaire Naguib Sawiris and currently in bankruptcy, may need to be revised, says parent company Telenor S.A. The Algerian government may move to nationalize the operator which, Telenor's CEO says, would necessitate a price change. Story.