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T-Mobile Promised Major Job Growth Post Sprint Merger. SEC Filings Show The Exact Opposite Happened

Fri, Mar 5th 2021 6:39am โ€” Karl Bode When T-Mobile was selling its $26 billion Sprint merger to regulators, it told anybody whod listen that the deal would create a parade of new jobs. In a 2019 blog post that still hasnt been deleted (amateur move, guys), ex-T-Mobile CEO John Legere didnt mince words in his predictions: "So, let me be really clear on this increasingly important topic. This merger is all about creating new, high-quality, high-paying jobs, and the New T-Mobile will be jobs-pos...
United States Overland Park John Legere Giorgio Armani Techdirt Team Show The Exact Opposite

China eyes the 700MHz band to speed 5G to the countryside

News Analysis Robert Clark 3/5/2021 China has begun exploring how to further open up the 700MHz band to help close its gaping 5G divide. A paper issued jointly by the State Council ย– Chinas cabinet ย– and the Communist Party central committee has called for the use of 700MHz to accelerate the construction of 5G in rural China to support a digital economy. The paper, issued on February 21, said the 700MHz band was "an inevitable" and relatively lo...
Zhang Yunyong Hong Kong Smartone China Unicom China Broadband Network China Telecom State Council

Nokia has cut 11,000 jobs in effort to boost profit

Unlike Swedish rival Ericsson, Nokia does not say how many people it employs in quarterly financials. For the past year, that concealed the full human cost of Nokias efforts to slash about ย€500 million (US$597 million) off its yearly expenses. But the toll was made apparent today when the Finnish company published its latest annual report. After nearly 5,000 jobs disappeared from the total in 2019, more than 6,000 went last year. The net reduction of 11,044 left Nokia with an average workforc...
United States Pekka Lundmark Asia Pacific Nokia Pekka Lundmark Rajeev Suri Unlike Swedish

FiberLight to use open RAN and 5G for RDOF deployment

FiberLight operates 16,000 route miles of fiber across much of Texas and parts of Washington, DC, and Virginia, offering standard enterprise telecom services, including transport, backhaul and data center connections. But with $1.8 million in winnings from the recent FCC Rural Digital Opportunity Fund (RDOF) auction, the company plans to catapult itself into the cutting edge of wireless technology with a mix of 5G components leveraging open RAN technologies. The move would put FiberLight alongs...
United States Ron Kormos Crown Castle America Fund Phase Ii Rural Digital Opportunity Fund Digital Opportunity Fund

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China aims to tackle misbehaving apps – report

China is becoming increasingly well known for its apps market. Indeed, the countrys technology giants are behind some of the worlds so-called super apps, including WeChat, which was created by Tencent in 2011, and Ant Groups Alipay. Many domestic mobile apps also have huge usage figures even though they are unknown outside of the Chinese market. Popular western apps are less present here because of the governments strict censorship control. However, it seems that the proliferation of local apps...
Xiao Yaqing Ant Group Alipay Ant Group Jorick Jing Light Reading 4g 3g Wifi

Juniper ties 128's SD-WAN technology into Mist AI

Two months after completing the $450 million acquisition of startup 128 Technology, Juniper is revealing the results of combining its Mist AI and SRX secure branch gateway with 128s Session Smart SD-WAN technology. 128 set itself apart from other SD-WAN vendors with session-aware routing. Jeff Aaron, VP of enterprise marketing at Juniper Networks, recently told Light Reading that the goal of session-aware routing is to provide more visibility into individual user experiences versus other SD-WAN...
Manoj Leelanivas Jeff Aaron Kelsey Kusterer Ziser Ken Wieland Juniper Networks Light Reading

Despite euro 100B in sales, Deutsche Telekom fails to excite

Try as he might, Timotheus Hรถttges simply cannot enthuse shareholders about the performance of Deutsche Telekom, the company he manages. "2020 was a record year for Deutsche Telekom," he proclaimed on a call with reporters today, reeling off a list of impressive achievements. Sales and profits have soared, customer numbers have grown and dividends are still paid. Yet the German incumbents share price remains about 5% lower than it was five years ago, when Hรถttges was far less ebullient. Net ...
United States Angela Merkel Deutsche Telekom Timotheus Hottges Deutsche Telekom Timotheus Deutsche Telekom Christian Illek

Verizon Spends $45.5 Billion in FCCs C-Band Auction

AT&T were the top bidders in the FCCโ€˜s C-band auction, which grossed more than $81 billion. The FCC on Wednesday announced the top winning bidders, 21 bidders won all of the available 5,684 licenses. Verizon, bidding as Cellco Partnership, had total gross winning bids of $45.5 billion, and AT&T Spectrum Frontiers LLC had $23.4 billion. These were followed by T-Mobile with $9.3 billion, NewLevel II, L.P., also with $1.3 billion. Verizon also won the largest number of licenses, at 3,511 lic...
United States Jessica Rosenworcel Edward Moise Jr Jennifer Fritzsche T Spectrum Frontiers Charter Communications

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