As Verizon prepares to cut 4,800 jobs, a decision that will cost the company $1.9 billion and reduce its 105,400-strong workforce by approximately 4.5%, it joins a growing list of telecom giants implementing major workforce reductions.
AT&T has announced that it has reached two tentative agreements with the Communications Workers of America (CWU), the union representing the striking AT&T employees.
Sparkle has announced a new agreement with Nexim Global, the Italo-American telecommunications operator, for the provision of International IP Transit and additional IP services.
Minister for Data Protection and Telecoms, Sir Chris Bryant has highlighted the importance of digital infrastructure claiming it is “as essential as water and electricity”.
Telecom Italia (TIM) has submitted a non-binding offer for BT's remaining operations in Italy, aiming to secure around €100 million ($110 million) from the seller to acquire the assets.
The CEO of Virgin Media O2 (VMO2), Lutz Schüle, has revealed the telecoms giant is open to bringing in an investor for a stake in in the fixed NetCo, it is in the process of creating.
The CEO of BT's consumer division, Marc Allera has acknowledged that the initial launch of 5G did not meet customer expectations, citing a lack of fulfilment of the high hopes set at the technology's debut.
