According to an article in bizjournals.com (link below), Verizon is killing off 10,400 jobs, as part as a “voluntary buyout.” The employees are mainly U.S.-based and exclude Verizon’s Oath media business, but will include wireless. Those accepting the buyout will get up to 60 weeks of salary, bonus and benefits, depending on length of service. The goal is Read more…
According to a report in bizjournals.com (link below) T-Mobile’s acquisition of MetroPCS provides a roadmap for the company’s planned Sprint takeover. CFO Braxton Carter (left) provided details on the wireless company’s strategy, if its Sprint bid is approved. “The playbook that we did with Metro, it wasn’t combining two networks. It was shutting one network down and extracting some assets Read more…