– On cue: DT announces job cuts and outsourcing

Spookily the leak comes just a weekend after we published a ‘predictions for 2014’ by consultancy, Northstream, which predicted just such a series of moves by Europe’s big telcos as they struggled to cut costs.

News sources, including Bloomberg and Germany’s business publication, Handelsblatt, are reporting that Deutsche Telekom is going to cut around 20 per cent of its IT Services employees. By I. D. Scales.

Read full article

Next read - Northstream: 2014 to be big year for LTE in Europe

Next year will see LTE reach 50 per cent subscriber penetration in multiple European markets, according to latest research by Northstream. Operators’ revenue from media consumption will enjoy its peak year. However, Northstream warned that in the long term they will lose out as consumers choose platform-independent online media providers over being tied to a [...]
Read more