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Tag: restructure
Intelsat plans to restructure its way out of bankruptcy
2021-08-26 02:00:00| Total Telecom industry news
In May 2020, veteran satellite operator Intelsat filed for bankruptcy. While the company’s shares had been struggling on the stock market for many years, the real motivation for the decision appeared to be directly tied to the FCC’s decision to shift satellite services from the 4.8 GHz (i.e., C-band) spectrum, in order that the spectrum might be used by terrestrial operators for 5G. In order to hasten the satellite operators’ transition, the FCC has offered major financial incentives…read more on TotalTele.com »
Tags: way
plans
bankruptcy
restructure
China forces Jack Ma's Ant Group to restructure
2021-04-13 04:16:50| BBC News | Business | UK Edition
The overhaul will force the Alibaba-backed group to become a financial holding firm.
British Wool undergoes cost saving restructure as Covid bites
2021-01-07 12:22:00| Daily apparel & textile news and comment - from just-style.com
British Wool is embarking on a restructuring programme in a bid to save costs, which will see a review of the number of grading depots it operates from.
Tags: cost
british
saving
wool
HSBC to accelerate restructure plan to slash costs
2020-10-27 06:05:14| BBC News | Business | UK Edition
The bank is yet to say if it will shed more jobs beyond the 35,000 it flagged earlier this year.
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Brown-Forman puts focus on Europe in business restructure
2020-06-10 17:14:20| Daily beverage news and comment - from just-drinks.com
Brown-Forman has created a new reporting region for Europe in a structural shake-up of its operations.
Tags: business
europe
focus
puts