T-Mobile to cut about 5,000 jobs, or 7% of employees
The cuts will largely affect corporate and back-office roles at T-Mobile, with some impact on technology roles as well.
Source: marketwatch.com
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T-Mobile Warns Investors of More Costs Ahead as It Digests Sprint
Provided by Dow Jones By Drew FitzGerald T-Mobile US Inc. said its nearly year-old merger with Sprint Corp. will saddle the combined company with more costs this year as its engineers shift more subscribers onto a single network. The Bellevue, Wash., company said it would spend $2.5 billion to $3 billion before taxes folding the stores, employees and network infrastructure it acquired from its one-time competitor into the new business. The company spent about $1.9 billion on such expenses last year. The added burden pushed T-Mobile's fourth-quarter net inc...
Source: morningstar.com
T-Mobile to spend up to $3B on saying bye to Sprint
The Bellevue, Wash., company said it would spend $2.5 billion to $3 billion before taxes folding the stores, employees and network infrastructure it acquired from its one-time competitor into the new business. The company spent about $1.9 billion on such expenses last year.
Source: foxbusiness.com