China Mobile Ltd., the world’s biggest phone company by market value, posted a 3.3 percent increase in fourth-quarter profit as an economic rebound boosted phone usage, offsetting a slowdown in customer growth.

Legislation to split Telstra Corp., Australia’s largest phone company, has been delayed until at least May after the government didn’t put the bills up for debate in the Senate on the last sitting day of the session.

Tero Kuittinen, an analyst at MKM Partners, is swimming against the tide on Palm Inc.