telecoms

4 Stories

Nokia Is Cutting Up to 14K Jobs
Nokia Announces Big Job Cuts

Nokia Announces Big Job Cuts

Up to 14K will be laid off amid 'market uncertainty' in the telecoms business

(Newser) - Telecom gear maker Nokia said Thursday that it's planning to cut up to 14,000 jobs worldwide, or 16% of its workforce, as part of a push to reduce costs following a plunge in third-quarter sales and profit. The Finnish company, one of the world's main suppliers of...

Bosses Jailed Over Worker Suicides
Bosses Jailed
Over Worker Suicides

Bosses Jailed Over Worker Suicides

French court recognizes 'institutional harassment'

(Newser) - In a landmark case, three former executives at France Telecom have been jailed over workplace policies linked to the suicides or attempted suicides of more than 30 employees. Ex-president and CEO Didier Lombard, deputy Olivier Barberot, and Louis-Pierre Wenès, former director of human resources, were sentenced Friday to a...

Wrong Numbers Help 'Crammers' Steal Millions

Telecoms turn a blind eye, critics say

(Newser) - A major FTC case is exposing criminals who use the obscurity of telephone billing to steal millions. A practice known as "cramming" takes advantage of misdials—a recent scheme used a number accidentally misprinted in a newspaper for a Toyota recall hotline—to tack on charges to phone bills....

FCC Airwaves Auction Sets Record
FCC Airwaves Auction
Sets Record

FCC Airwaves Auction Sets Record

But a band that required open access drew a low price

(Newser) - The FCC earned a record $19.6 billion auctioning soon-to-be-available airwaves to wireless network providers, the Wall Street Journal reports after months of bidding closed yesterday. While the auction exceeded the $15 billion the agency expected, it could have earned still more if it hadn’t placed restrictions on certain...

4 Stories