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October 31, 2011 -- Telecommunications provider KDDI America announced on Monday that it has invested approximately 85.5 percent of common shares in CDNetworks, a global content delivery network service provider headquartered in Seoul, Korea for about $167 million.

October 31, 2011 -- Telecommunications provider KDDI America announced on Monday that it has invested approximately 85.5 percent of common shares in CDNetworks, a global content delivery network service provider headquartered in Seoul, Korea for about $167 million.

October 31, 2011 -- Telecommunications provider KDDI America announced on Monday that it has invested approximately 85.5 percent of common shares in CDNetworks, a global content delivery network service provider headquartered in Seoul, Korea for about $167 million.

The Church of England may withdraw the millions it has invested in internet companies unless they take action to curb internet pornography. Senior officials are conducting a wide-ranging review of the Church’s holdings in Internet Service Providers, which are worth tens of millions.

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Telecom's long-term foreign currency credit rating has been cut one notch by Fitch Ratings, with the agency carrying out its threat after shareholders last week signed off on carving the company in two.The phone company's...