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Tag: Telecommunication

Nokia to axe up to 14,000 jobs to cut costs

Nokia to axe up to 14,000 jobs to cut costs

International, Science & Technology
Finnish telecoms giant Nokia is to axe between 9,000 and 14,000 jobs by the end of 2026 to cut costs. The announcement was made as the company reported a 20% drop in sales between July and September. The company blamed slowing demand for 5G equipment in markets such as North America. It currently has 86,000 employees around the world, and has axed thousands of jobs since 2015. Nokia wants to cut costs by between €800m and €1.2bn (£695m-£1bn) by 2026, it said. Advances in cloud computing and AI will need "significant investments in networks that have vastly improved capabilities", said chief executive Pekka Lundmark. "However, given the uncertain timing of the market recovery, we are now taking decisive action," he said. It said it wanted to "act quickly" by cutting co...
SIM Card Registration: Telcos Beef Up Logistics

SIM Card Registration: Telcos Beef Up Logistics

Ghana News, News In Brief
The mobile telecommunications companies have ramped up technical logistics to improve their services towards the ongoing SIM card registration exercise. As part of the improved logistics, the mobile network operators (MNOs) will, from today, use an updated version of the app being used for the registration, increase the number of smart phones being used for the exercise and increase the number of registration centres to include distributors, all retail outlets, as well as some selected agents. The Chief Executive Officer of the Ghana Telecommunications Chamber, Dr. Ken Ashigbey, said those interventions were part of efforts to make the exercise more efficient and convenient for subscribers. In an interview with the Daily Graphic, Dr. Ashigbey said: “Last Thursday, an updated vers...

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