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Telecom Italia mulling 15,000 job cuts on Enel plan - report

2016-04-07 10:09:00| Telecompaper Headlines

(Telecompaper) Telecom Italia is considering cutting up to 15,000 jobs, equivalent to nearly 30 percent of its workforce, due to increased competition arising from the fibre-optic broadband rollout plans of Italian utility giant Enel, according to unnamed sources cited by Bloomberg. Enel recently confirmed plans to invest a total of EUR 2.5 billion to help bring high-speed broadband to around 7.5 million homes in 224 Italian cities. The sources said Telecom Italia may lose around 5 million wholesale customers as a result, most of them from Vodafone Italia and Wind, with Telecom Italia increasingly frustrated by a plan it considers to be unfair competition. Vodafone Italia and Wind are expected to reach a strategic and commercial partnership with Enel to develop the broadband network across Italy.

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Mobily mulling towers bids

2016-03-29 02:00:00| Total Telecom industry news

Saudi Arabian mobile operator has received a number of offers for its 10,000 telecoms towers, CEO says.

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Deutsche Telekom mulling towers spinoff

2016-03-11 01:00:00| Total Telecom industry news

German incumbent reportedly brings in advisors as it seeks to monetise infrastructure assets.

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Major oilsands operator Imperial still mulling over Alberta's new climate plan

2015-11-23 21:32:01| Energy - Topix.net

The bosses of four of Canada's biggest oilsands producers shared the stage with Alberta Premier Rachel Notley as she unveiled the province's sweeping new climate policy, but a fifth big player is still mulling over the details. Canadian Natural Resources , Suncor Energy , Cenovus Energy and Shell Canada all sang the praises of a plan that aims to cap oilsands emissions at 100 megatonnes annually - about 30 megatonnes more than the industry now emits.

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Major oilsands operator Imperial still mulling over Alberta's new climate plan

2015-11-23 21:31:19| Oil & Gas - Topix.net

The bosses of four of Canada's biggest oilsands producers shared the stage with Alberta Premier Rachel Notley as she unveiled the province's sweeping new climate policy, but a fifth big player is still mulling over the details. Canadian Natural Resources , Suncor Energy , Cenovus Energy and Shell Canada all sang the praises of a plan that aims to cap oilsands emissions at 100 megatonnes annually - about 30 megatonnes more than the industry now emits.

Tags: plan major operator climate

 

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