Tag: Wired Telecommunications Services
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BT sets plan to cut 55,000 jobs by end of decade
[ad_1] U.K. telecoms provider BT Group set plans to cut up to 55,000 jobs by the end of the decade as it completes the rollout of high-speed broadband. BT Group BT.A, -7.36% says it is aiming to reduce its total labor force, which includes contractors, from 130,000 down to between 75,000 to 90,000 by fiscal…
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Royal KPN backs guidance after forecast-beating results
[ad_1] Royal KPN NV on Wednesday reported a rise in first-quarter net income and revenue, beating consensus, and backed its guidance for the year. The Dutch telecommunications company NL:KPN made a quarterly net profit of 196 million euros ($215.1 million) compared with EUR179 million for the first quarter of 2022 and a company-compiled consensus of…