Cut Business Expenses

ANAHEIM, Calif.----Tone Software Corporation: WHO: Amit Kapoor, director of strategic technology advancement, and Paul Wiggins, convergence technology manager, both from Tone Software Corporation, a global provider of network monitoring and management solutions for converged telecommunications and IT infrastructures.

Founded nearly 20 years ago by Nancy Peckham, Valicom analyzes clients' telecom costs and recommends ways to make them more efficient and less expensive.

Quebecor Inc reported a 9 percent rise in first-quarter operating earnings on Wednesday, driven by growth in its telecommunications segment and cost-cutting measures in its news media business.

Verizon Communications Inc.'s third-quarter income fell 30% on higher merger and restructuring costs while wireless-subscribership gains trailed AT&T Inc. during the quarter. Shares rose 1.9% premarket to $29.40 as results edged analysts' expectations. Despite signs of stabilizing business conditions, top U.S. telecommunications executives say a recovery is still far off. Verizon in July said it would cut 8,000 employees and contract workers in the second half of the year ...

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