Nokia Corp. (NYSE: NOK), Intel Corp. (Nasdaq: INTC), Tele2 AB (Nasdaq: TLTO) and BT Group plc (NYSE: BT; London: BTA) are all up to stuff in today's roundup of Euro telecom headlines.
It may not make up for the massive job cuts at Nokia that are to be announced at the end of April, but Intel is to create around 200 new positions with the opening of a new R&D center in Finland, reports Reuters. (See Nokia Unveils Major Revamp and NoGo for MeeGo.)
BT is claiming top spot in managed cloud services for the financial community with the announcement that it now has 15,000 member sites globally for its BT Radianz offering. BT bought Radianz from media giant Reuters in 2005. (See BT, Reuters in $3B Pact.)
Never mind its meatballs, Sweden is the "most digitally connected" country in the world, according to a new study from the World Economic Forum (WEF). Other European countries making the top ten were Finland (third place), Switzerland (fourth), Denmark (seventh) and Norway (ninth).
— Paul Rainford, Assistant Editor, Europe, Light Reading