restructure

Verizon hits reset button with 2.0 launch

Verizon has announced it is now a new business, one which is customer centric and ready for the digital world of tomorrow. Smells like a polite way of announcing a restructure.

Investment bank backs the BT waiting game

Don’t expect BT to give too much away over the next couple of months, but investment bank Jefferies thinks there is enough there to make the telco a good bet.

O2 denounced for ruining Christmas

The Communication Workers Union (CWU) has decided to prove its worth by shaming O2 as the Christmas Grinch with its redundancy message to employees.

HTC Q3 not quite as bad as feared

Taiwanese smartphone maker HTC has released its Q3 numbers and, while they were pretty ugly, they were towards the top end of its guidance.

Nokia reshuffles leadership, cuts 10,000 jobs

Finnish handset vendor Nokia has announced sweeping changes among its top ranks and pledged to cut a further 10,000 jobs by the end of 2013 as it adjusts the reality of life as a mid-table vendor. The firm also said that it will drop the prices of its Lumia smartphone range in a bid to stimulate more enthusiasm from consumers, and announced plans to licence its mapping technology to other industries.

Nokia Siemens continues cuts at home and abroad

Infrastructure and services provider Nokia Siemens Networks has announced that it is to outsource a portion of its own activities to Finnish managed services player Tieto. Meanwhile the conclusion of one of the vendor’s own outsourcing deals, with Brazilian mobile operator Oi, has allowed it to cut another 3,500 workers from its roster.

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