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e& and Huawei Launch Middle East’s First Net-zero 5G Massive MIMO Site

CIO Business Intelligence

At the recent UN Climate Change Conference (COP28), Huawei and e& announced the inauguration of the region’s ground-breaking net-zero 5G massive MIMO site, setting new benchmarks in sustainability and technological innovation. While this enhances the user experience, it often consumes more power.

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Money transfer startup Remitly reveals financial results in preparation for upcoming IPO

GeekWire

Seattle-based money remittance company Remitly disclosed key financial results on Monday afternoon in its Form S-1 registration statement , a key milestone toward becoming a publicly traded company. million net loss in 2020, doubling its annual revenue and cutting its loss nearly in half. (Remitly Photo).

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T-Mobile tops 100M customers, posts $1.3B in quarterly profit six months after Sprint merger

GeekWire

T-Mobile added a net total of more than 2 million customers in the third quarter, giving it more than 100 million customers for the first time. Analysts surveyed in advance of T-Mobile’s earnings release expected the company to post earnings of 43 cents/share on revenue of $18.34 The Bellevue, Wash.-based

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T-Mobile will lay off 5,000 employees, 7% of workforce — read CEO’s memo

GeekWire

T-Mobile CEO Mike Sievert. GeekWire File Photo / Taylor Soper) T-Mobile is laying off close to 5,000 employees, mostly in corporate roles, as it looks to streamline its operating model and structure. T-Mobile stock was down 1% on Thursday. based T-Mobile reported $19.2 Retail and consumer care jobs are not affected.

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Robinhood has figured out how to monetize financial nihilism

The Verge

And the financial system only has itself to thank It’s sometimes hard to identify era-defining moments when they happen; usually you can only really see them after the wave rolls back. Messiness aside, the financials suggest that Robinhood had a good Q1! Illustration by Alex Castro / The Verge. million such accounts.

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3 years after Sprint merger, T-Mobile employs 9k fewer people, insists it upheld pledge on jobs

GeekWire

“Jobs will go up every single day of this new company,” T-Mobile’s then-CEO John Legere assured a House antitrust subcommittee in 2019. ” The message was even more strong on allfor5g.com , a site published by T-Mobile in 2018 to describe the benefits of the Sprint merger: “This is a JOB CREATING transaction. .”

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Hometown hookup: Alaska Air shifts to T-Mobile from AT&T in new link between Seattle companies

GeekWire

Alaska is shifting its behind-the-scenes operations T-Mobile after extensive testing of its 5G network. T-Mobile rival AT&T had been Alaska’s longtime wireless carrier, although T-Mobile and Alaska did not mention that fact in announcing the news Monday morning. T-Mobile’s $26.5

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