Business news for Mon, 31 Dec 2007 & with word network. 2 news.

A lot happened in wireless this past year, from the debut of the iPhone to Verizon Wireless' move to open its network. But 2008 promises to be just as eventful.

State Grid Corp. of China, which won a bid to run the Philippines' electricity network, expects to take about six months to secure approval to operate in the Southeastern Asian country.