Technology, Media & Telecom News by GLG Council Members

Like Sprint Nextel’s voluntary separation program, AT&T and Verizon might face job reductions for mobile services in realizing Nokia’s assessment of reduced consumer spending.

    There are approximately four billion mobile subscribers in the world being served through more than 4 million base stations. For this, the telecom networks and data centers remain powered up for 24 hours a day.        With very low tele density in the emerging markets and ever increasing demand  for more and better telecom services in...

The best marketers are those that effectively balance long term initiatives with short term business needs and continually fine tune their marketing mix for optimal performance. Here are five questions that management should be asking marketing teams now to ensure they maintain the right balance. 1) How much are you spending on non working dollars like agency fees? Can you consolidate spending with...

Solar energy panel sales have and will continue to grow at a rate of about 40% per year.  The surge in thin film panels was a result of a severe shortage of polysilicon wafers used to make high efficiency solar panels.  There is no longer a poly shortage and in fact spot prices of poly wafers has dropped recently to $9 from a high of $12.50 in September.  Why would a utility company...

Companies in Sprint’s situation will ask for volunteers first.

Briefly but sufficiently explain what the term "Carbon Footprint" means to all concerned, particularly to those at the helm of management and decision-makers in business organizations

Focus on non-customer facing staff will impact marketing, network engineering and operations. Company needs strong marketing and product support since market is voicing dissatisfaction with current product line evidenced by highest industry churn rates. Network operations and engineering capability is critical at this time in order to stanch customer defections due to perceptions of poor network...

Clearly Sprint needs to reduce costs as they keep hemorrhaging market share.  Voluntary work force reduction is not the way to go.

I don't think the Sprint voluntary package is going to draw mass defections.  The market is too weak, and options for the unemployed are not rosy.  However, on the margin, higher up employees might be the most likely to bolt, and this post goes through a theoretical breakdown.

Nokia talking about responding to the market conditions has the implications of more focused selling, cost cutting, and a trimmer product portfolio.