US operator Sprint is to slash 800 jobs in its customer services department because fewer people are making calls to its centers, reports the Associated Press.
Despite the redundancies, the operator is reported to have said it expected its overall number of employees to remain at about 40,000 because of hiring in other parts of the business, including at its retail stores.
The operator also attributed the decrease in calls to its centers to an improvement in levels of customer satisfaction.
Telecom Italia has reportedly hired Mario Di Loreto from Italian food company Barilla to head its personnel department.
Citing sources familiar with the matter, Bloomberg says Di Loreto will take up his new position at the beginning of September, replacing Antonio Migliardi, who is resigning after five years in the job.
According to the report, the appointment will be critical to the success of the Italian incumbent’s plan to spin off its fixed-line network, which is set to involve the transfer of some 20,000 employees.
More than 1,000 device models from over 100 manufacturers have now been developed for use on 4G LTE networks, according to the latest research from the Global mobile Suppliers Association (GSA).
In its latest industry status report, the GSA says a total of 1,064 LTE device models from 111 manufacturers are now available, noting a recent acceleration of activity in this area.
Indeed, since July 2011, some 647 new device models have been announced, according to the GSA, with the number of manufacturers growing by 66% over that period.
Satellite communications provider Globecomm Systems Inc agreed to be taken private by investment firm Wasserstein & Co for about $340 million.
Wasserstein's offer of $14.15 per share in cash represents a 1.73 percent discount to Globecomm's (Hauppauge, NY, USA) closing price on Friday.
Globecomm shares fell 3 percent to $13.95 on the Nasdaq on Monday morning, trading well below the offer price. The stock had risen 24 percent to Friday since the company said in January that it was exploring strategic alternatives.
BlackBerry Ltd is considering spinning off its messaging service into a separate unit, the Wall Street Journal said on Tuesday, quoting people familiar with the matter.
The subsidiary would be called BBM Inc, the newspaper said.
A BlackBerry (Waterloo, Canada) spokeswoman told Reuters the company cannot comment on rumor and speculation.
Turkish operator Turkcell has reported impressive gains in revenue and earnings for the three months ending June on the back of strong demand for mobile broadband services.
The company saw revenues increase by 11%, to TRY2.86 billion ($1.43 billion), compared with the same period of 2012, while earnings before interest, tax, depreciation and amortization rose by 12%, to TRY869 million, over the same period.
Telefonica says it has secured America Movil’s support to make an improved offer for E-Plus, KPN’s Dutch subsidiary, valuing the operator at €8.55 billion ($11.43 billion) compared with the €8.1 billion in its original offer.
The revised bid would see the Spanish operator pay KPN (The Hague, Netherlands) €5 billion in cash for a 62.1% stake in E-Plus instead of the 65% it had previously sought.
Malaysia’s Axiata is looking to raise at least $500 million in an initial public offering of tower assets, according to a report from Bloomberg.
Citing sources familiar with the matter, Bloomberg says the company – which operates Malaysia’s biggest mobile network – is working with several financial institutions on the terms of the offering, which could take place next year in Kuala Lumpur.
China Mobile Ltd has awarded initial 4G contracts worth around 20 billion yuan ($3.2 billion), with Chinese firms securing more than half of the biggest prize in the global telecoms industry this year and foreign firms winning about a third, industry sources said.
Telecoms equipment makers, such as global leader Ericsson (Stockholm, Sweden) and Huawei Technologies Co Ltd (Shenzhen, China), have been waiting for China Mobile's (Beijing, China) 4G tender to lift the fortunes of an industry that has been hit by a lack of spending worldwide.
AT&T unfairly terminated an affiliation agreement with Al Jazeera America, the cable network says in a recently unsealed lawsuit that highlights AT&T's subscriber base in conservative states.
Under a heavily redacted description of the alleged "bad faith scheme," Al Jazeera (Doha, Qatar) notes in its complaint that "AT&T [Dallas, TX, USA] has a large subscriber base in Texas and other conservative states in the South and Southwest.