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Deutsche Bank could cut 'up to 20,000 jobs'

2019-07-07 05:07:33| BBC News | Business | UK Edition

London and Wall Street could bear the brunt of cuts as the bank fights a falling share price.

Tags: jobs bank cut deutsche

 

Deutsche Telekom plans 5G rollout in six German cities by year-end

2019-07-03 17:00:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom said it has started to roll out 5G and expects to have 300 antennas across six German cities by the end of this year. The cities include Berlin, Bonn, Darmstadt, Hamburg, Leipzig and Munich. In the next 18 months, the 20 largest cities in Germany will all be connected with 5G.  

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Deutsche Telekom plans to reduce number of stores, cut jobs - report

2019-07-03 11:13:00| Telecompaper Headlines

(Telecompaper) The chain of 500 stores is considered too large as customers are increasingly using the internet for service. The number of branches should fall to 460. The company may also cut jobs, the report said, adding that of 4,500 jobs, around 1,200 have become redundant. The management does not find the decisions easy to handle as the shops with their magenta-coloured labelling belong to the core brand of Telekom. However, the demand in the shops has fallen enormously in recent years. 

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Deutsche Telekom to close stores, cut jobs in Germany

2019-07-03 02:00:00| Total Telecom industry news

Deutsche Telekom plans to shrink its retail footprint, shedding as many as 1,200 jobs in the process, according to a local press report…read more on TotalTele.com »

Tags: close jobs germany stores

 

Deutsche Telekom starts selling 5G

2019-07-03 02:00:00| Total Telecom industry news

Less than a month after the conclusion of the high-spend German 5G auction, incumbent operator Deutsche Telekom has made its first 5G devices available to end-users and detailed its plans to roll out 5G services in six major cities later this year. Deustche Telekom aims to have built 300 5G antennas in 100 locations before the end of the year…read more on TotalTele.com »

Tags: selling starts deutsche telekom

 

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