T-Mobile will slash 1,900 jobs in the Netherlands as a response to a near 20% drop in profit in the first quarter of 2011.
Deutsche Telekom is mulling fixed line acquisitions in Poland, the Netherlands and Austria, and is negotiating the purchase of a 49% stake in Slovak Telekom that it doesn’t already own, European chief Roland Mahler says.
France Telecom chief Stephane Richard says the firm may sell minority stakes in Portuguese carrier Sonaecom and Orange Austria as part of the group’s restructuring plans.
Google is tipped to unveil an NFC payments platform at an event in New York tomorrow. The service will launch in the city and San Francisco and already has a number of retailers on board.
Telkom South Africa will continue to pursue a sale of its Nigerian CDMA division Multi-Links for $52 million (€37 million), despite a legal push by the George Soros-backed Helios Investment Partners to stop the transaction.
Governments should have a bigger role in the internet to help “civilize” the online world, French president Nicolas Sarkozy told web industry delegates at the e-G8 Forum on Tuesday.
Book store chain Barnes and Noble is gunning for rival Amazon with an updated Nook e-reader featuring a black and white touch screen and a battery life of up to two months. The device will sell for $199 (€142) in the US – the same price as Amazon’s Kindle reader.