The new layoffs will reduce the total work force to 35,000 people, the company said. Lucent, a former highflier, has been hit hard by the decline in spending by telecommunications carriers. It has been forced to undergo massive layoffs, has repeatedly cut its earnings targets and has flirted with delisting from the New York Stock Exchange. The telecom equipment maker previously said it expected to report a loss of around 45 cents per share for the fourth quarter, which it's scheduled to post Oct. 23. It now sees that loss coming in as high as 65 cents per share.
CNET también está disponible en español, Don't show this again, ghostek nautical series iphone x waterproof case - green The island's fourth mobile phone operator debuted last October with much fanfare, sinking about $100 million into call centers and retail outlets, among other expenses, Virgin Mobile was equally owned by Singapore Telecommunications (SingTel), the country's largest telecom and Sir Richard Branson's Virgin Group, Without disclosing specific figures, Boulet said a large proportion of its 30,000 customers have decided to migrate to SingTel..
While its Singapore operations may have come to a halt, Virgin Mobile still harbors plans for the region. It is currently assessing opportunities in the Asia-Pacific region, but Boulet added developments are contingent on potential network partners. Approximately 73 percent of Singapore's 4 million residents own a cell phone. Virgin Mobile merely skimmed the surface with 30,000 customers, compared with SingTel's 1.5 million subscribers. CNETAsia's Winston Chai reported from Singapore. The cellular operator officially exits Singapore's market, where it had grabbed just 3 percent of the market since it launched service there last fall.
The cellular operator has been functioning with 30 employees--down from 105 previously--in the last three months to ensure a smooth transition for its customers and business partners, spokeswoman Lauren Boulet said, "Seventeen people from the contact center will be released today and the remaining from IT and finance will stay until the end of this month," Boulet said, Be respectful, keep it civil and stay on topic, We delete comments that violate our policy, which we encourage you to read, ghostek nautical series iphone x waterproof case - green Discussion threads can be closed at any time at our discretion..
CNET también está disponible en español. Don't show this again. In a statement, EchoStar, Hughes and General Motors, which is Hughes' parent company, said they were disappointed in the FCC's decision. "We will continue to work aggressively within the context of this FCC process to achieve approval of the merger.". Representatives for EchoStar and DirectTV declined to comment. A Hughes representative did not return calls seeking comment. Earlier this week, EchoStar and Hughes told the FCC that they planned to offer "major revisions" to the proposed merger and asked the commission to delay its decision on the deal. Last month, the Justice Department staff recommended that the government block the merger, according to published reports.