ALSO NOTED: EU's FCC; NTT profit stumbles; and much more...

> EU regulation plan may create an FCC-like regulatory body based in Belgium. Article (WSJ sub. req.)

> NTT net profit tumbles 33 percent. Article (WSJ sub. req.)

> T-Mobile explains why deal with Google is worth the risk. Article (WSJ sub. req.)

And Finally... The first smartphone? Image