Shares of some top telecom companies were down at the close of trading:

Shares of some top telecom companies are mixed at noon:

Shares of some top telecom companies are mixed at 10 a.m.:

Members of the largest union represented at Qwest Communications International Inc. are receiving ballots to vote on a new contract to replace one that expired last month.

To help investors survive the current market volatility, CNBC asked the experts where they're placing their bets in this environment.

AT&T said Friday it would cut its work force by 1.5 percent, or 4,600 jobs, primarily affecting management-level employees, resulting in a first-quarter pre-tax charge of $374 million.

A proposed ballot measure in Colorado seeks to create what supporters hope will be the nation’s toughest corporate fraud law.

A U.S. appeals court on Monday threw out all guilty verdicts against former Qwest Communications Chief Executive Joseph Nacchio, ordering a new trial in an insider trading case seen as a test of government attempts to squash corporate fraud.