Press Clippings: May 2011
Major Industry items you might have missed
Tuesday, May 31, 2011
MCIT to pay out EGP100 million to compensate telcos for enforced service shutdown.
Source: TeleGeography.
Egypt’s Ministry of Communications and Information Technology is set to hand out more than EGP100m. (US$16.8m.) to the country’s domestic mobile operators and internet services providers as compensation for the disruption of telecommunication services during the country’s revolution that began in January 2011.
Posted by Judith — 2:42 AM
Intel unveils laptops that include tablet features.
Source: Reuters.
Intel unveiled a new category of laptops that it says will include the best features of tablets as the world’s top chipmaker struggles to find its footing in the exploding market for mobile gadgets.
Posted by Judith — 1:30 AM
Monday, May 30, 2011
Telecom New Zealand announce plans to split off landline network.
Source: cellular-news.
Telecom NZ will structurally separate into two companies under a scheme of arrangement whereby Telecom NZ will become a retail focussed telecoms business providing fixed, mobile and ICT businesses, with its fixed line access network infrastructure operator, Chorus, becoming a separately listed entity.
After the demerger, Telecom New Zealand will no longer own local access fixed networks.
Posted by Judith — 1:54 AM
Saturday, May 28, 2011
FCC asks AT&T about spectrum claims.
Source: Reuters.
Federal telecommunications regulators have asked AT&T Inc for more information on its planned merger with T-Mobile USA, including claims on spectrum shortages, coverage overlaps and plans to close facilities.
AT&T’s plan to buy T-Mobile USA from Deutsche Telekom AG for US$39bn. has been attacked as a bad idea because it would further reduce the number of wireless carriers.
Posted by Judith — 1:28 AM
Friday, May 27, 2011
Mexico, US strike telecoms agreement .
Source: Telecompaper.
The US and Mexico have signed a telecommunications agreement. The agreement is expected to ease burdens on US companies, especially smaller manufacturers, seeking to export telecommunications products to Mexico, while maintaining safety protection and facilitating cross-border trade.
Posted by Judith — 2:36 AM
BT reveals commercial FTTH launch delayed until late 2011.
Source: TeleGeography.
The commercial introduction of UK fixed line incumbent BT’s FTTH broadband services is now not expected to happen until later this year. It is understood that the fibre rollout has been pushed back to just before the end of 2011, having originally been scheduled for sometime this summer, as a result of blocked ducts on a number of premises.
Posted by Judith — 2:17 AM
AT&T to launch LTE in 5 cities this summer.
Source: Telecompaper.
AT&T has announced the first five cities that will receive its LTE service this summer. The head of AT&T’s business-solutions unit, disclosed plans to launch the network in Atlanta, Chicago, Dallas, Houston and San Antonio.
Posted by Judith — 1:38 AM
PayPal sues Google over mobile wallet technology.
Source: BBC.
Google is being sued by PayPal, which claims that the internet search giant stole its technology for turning smartphones into digital wallets.
PayPal alleges that Google obtained trade secrets from Osama Bedier, a former PayPal executive who is now Google’s vice president of payments.
The lawsuit came hours after Google unveiled its plans to allow people to pay for shopping with their mobiles.
Posted by Judith — 1:19 AM
Thursday, May 26, 2011
O2 comes top in broadband study.
Source: BBC.
Mobile broadband provided by O2 loads webpages quicker than any other UK network, research by Ofcom has found.
The regulator carried out 4.2m. speed tests across the country.
Orange fared worst in the research with its average download speeds slower than any other network.
Posted by Judith — 1:31 AM
PCCW extends free Wi-Fi to 158 public housing estates.
Source: TeleGeography.
Hong Kong’s largest domestic telecoms provider PCCW is extending its free Wi-Fi broadband internet access services to 158 public rental housing estates across the territory, benefiting around two million residents. The additional hotspots in the housing estates further widen PCCW’s territory-wide Wi-Fi network, which has unparalleled coverage of around 9,000 local hotspots.
Posted by Judith — 12:43 AM
Wednesday, May 25, 2011
Cox closes fledgling mobile network.
Source: TeleGeography.
Cox Communications, America’s third largest cable company by subscribers, has indicated that it will shut down the independent wireless network that it has started building, preferring instead to rely on its pre-existing MVNO agreement with Sprint Nextel for its wireless needs.
Posted by Judith — 5:24 AM
BT reveals plans to cut fixed to mobile call costs.
Source: TeleGeography.
British fixed line incumbent BT has announced that it is to make ‘significant’ cuts to the cost of calls made from its landlines to mobile phones. The telco has revealed that, on the back of regulator Ofcom’s March 2011 decision to reduce mobile termination rates, it will pass on the savings to its customers.
Posted by Judith — 3:50 AM
Greece selling OTE stake ‘immediately’.
Source: TeleGeography.
Greece has announced that it will sell a stake in Hellenic Telecommunications Organisation (OTE) - up to its entire 16% holding in the telco - without further delay as the country attempts to get a faltering privatisation programme back on track to reduce its huge debt burden and alleviate pressure from the EU and IMF.
Posted by Judith — 2:37 AM
Everything Everywhere, BT plan live LTE trial.
Source: Telecompaper.
Everything Everywhere and BT Wholesale have joined forces for a live trial of LTE mobile broadband to customers. The proof of concept trial will see them sharing their fixed-line and mobile technology to provide high-speed mobile broadband services to customers in rural Cornwall.
Posted by Judith — 1:31 AM
Bharti sets US$1bn. African budget in 2011.
Source: TeleGeography.
India’s largest mobile network operator by subscribers, Bharti Airtel, has announced that it expects to invest around US$1bn. in Africa this year in order to expand the operations of the wireless operators it acquired from Kuwait-based Zain in a deal valued at US$10.7bn.
Posted by Judith — 1:22 AM
Tuesday, May 24, 2011
T-Mobile USA doubles mobile broadband speeds in 50 markets to 42Mbps.
Source: cellular-news.
T-Mobile USA has announced that it is doubling the speed of its HSPA+ network in more than 50 markets to achieve theoretical peak download speeds of up to 42Mbps.
By midyear, T-Mobile expects that more than 150 million Americans will have access to increased 4G speeds as T-Mobile upgrades its 4G network.
Posted by Judith — 3:28 AM
India’s BSNL looking to sell stake in tower network.
Source: cellular-news.
India’s state-owned BSNL is planning to sell off a stake in its mobile towers assets after it splits them off into a separate holding company.
The company owns around 40,000 towers across the company, which would be worth between US$3.5 to US$4.4bn. based on previous tower asset sales in the country. However, the towers owned by BSNL are currently exclusively used by itself and the previous sales would have had their valuations boosted by sub-tenant rental deals.
Posted by Judith — 3:00 AM
Telecom New Zealand, Enable win final govt. fibre contracts.
Source: Telecompaper.
The New Zealand government has reached agreements with Telecom New Zealand and Enable Networks that will complete the roll out of ultra fast broadband to 75% of New Zealanders by 2019. As part of the deal, Telecom must split off its network arm, Chorus, into a completely separate company.
Posted by Judith — 2:06 AM
GTT to acquire PacketExchange for US$20m.
Source: Telecompaper.
Global network integrator Global Telecom & Technology has signed an agreement to acquire wide-area internet exchange services specialist PacketExchange. Under the terms of the agreement, GTT will pay up to US$20m. in cash and assumed debt to acquire PacketExchange, which through its subsidiaries operates network assets throughout the US, Europe and Asia.
Posted by Judith — 1:33 AM
Monday, May 23, 2011
Google launches AdSense for mobile content in 15 countries.
Source: Telecompaper.
Google has launched AdSense for mobile content in fifteen countries. The fifteen countries include Argentina, Brazil, Chile, Colombia, Czech Republic, Hong Kong, Indonesia, Malaysia, Mexico, New Zealand, Nigeria, Philippines, Slovenia, Thailand, and Turkey.
Posted by Judith — 2:35 AM
SingTel launches ST-2 orbiter.
Source: TeleGeography.
Southeast Asia’ largest telecoms group by subscribers and revenue, SingTel, has successfully launched the country’s second commercial satellite, named ST-2. The new satellite, which is almost twice as powerful as ST-1 (launched in 1998), will help the telco to meet growing customer demand for fixed and mobile satellite services. SingTel has an approximate 62% stake in the venture, while Chunghwa Telecom owns the remaining 38%.
Posted by Judith — 1:57 AM
Saturday, May 21, 2011
U.S. lagging in broadband adoption, speed.
Source: Reuters.
The United States continues to lag behind other countries in broadband adoption and download speeds, according to a report released by the FCC.
The United States ranked ninth out of 29 countries for mobile broadband adoption on a per capita basis, and 12th out of 33 countries for percentage of households with fixed broadband
Posted by Judith — 2:18 AM
Friday, May 20, 2011
Verizon Wireless expands LTE network.
Source: Converge.
Verizon Wireless activated its LTE network in nine additional metropolitan areas, as well as expanding the 4G LTE network in Atlanta, Chicago, Denver, New Orleans and Philadelphia.
Posted by Judith — 4:27 AM
UK Cellcos challenge Ofcom’s MTR reduction plan.
Source: TeleGeography.
A number of the UK’s largest mobile network operators are reportedly seeking to overturn telecoms regulator Ofcom’s plans to enforce large cuts to interconnection rates. Both Vodafone UK and Everything Everywhere, the joint venture between T-Mobile UK and Orange UK, are understood to have called on the Competition Appeal Tribunal to request that Ofcom reduce the level of cuts that it had proposed back in March 2011. Second-placed player O2 UK has indicated that it will support both companies in their efforts.
Posted by Judith — 3:44 AM
Nearly a third of Brits now own a smartphone.
Source: cellular-news.
Just under a third of UK phone users now own a smartphone, compared to 13% penetration last January.
This is highest amongst males and females under 35 as levels of ownership are now at 48% and 40% respectively.
Posted by Judith — 2:21 AM
Orange UK launches contactless mobile payment service.
Source: Telecompaper.
Orange UK has officially launched the UK’s first contactless mobile payment service, in partnership with Barclaycard. The new ‘Quick Tap’ service allows consumers to make purchases of up to GBP15 on the High Street by tapping their mobile phone on a contactless reader at tills in over 50,000 stores.
Posted by Judith — 1:24 AM
Thursday, May 19, 2011
Clearwire inks managed services agreement with Ericsson.
Source: Telecompaper.
US Wimax operator Clearwire and Ericsson have signed a seven-year, managed services agreement. The agreement will enable Clearwire to transfer the day-to-day management of its 4G network to Ericsson. Under the agreement, Clearwire retains ownership of all network assets and full responsibility for future technology and strategy decisions.
Posted by Judith — 2:36 AM
O2 names partners for its forthcoming mobile wallet service.
Source: cellular-news.
UK based O2 has confirmed some of the leading financial services players it will work with to launch its mobile wallet service during the second half of 2011. Wave Crest, FIS, Intelligent Environments and Visa Europe have all been appointed to deliver the payments and processing systems upon which O2’s next phase of financial services products will be based.
Posted by Judith — 2:00 AM
KKR to acquire Versatel from Apax, Cyrte, United Internet.
Source: Telecompaper.
German fixed network operator Versatel has been informed that VictorianFibre Holding, a holding company controlled by funds advised by US-based private equity investor Kohlberg Kravis Roberts & Co, intends to make an all cash voluntary public takeover offer to acquire all of the outstanding shares of Versatel.
Posted by Judith — 1:03 AM
Yahoo to buy premium ad network 5to1 for US$28m.
Source: ClickZ
Yahoo will acquire 5to1, a premium ad network consolidating inventory from major media sites, for US$28m. The firm launched in 2009 as a way to ease brand marketers’ concerns about buying unsold inventory.
Posted by Judith — 12:48 AM
Wednesday, May 18, 2011
FCC asks Apple, Google to location-tracking forum.
Source: Reuters.
In its first look at the growing controversy about location tracking by smartphones, the Federal Communications Commission has invited Apple, Google and consumer advocates to a forum in late June.
The FCC will study the risks and benefits of location-based services at a “public education forum” that will include wireless carriers, other technology companies and consumer advocacy groups.
Posted by Judith — 3:25 AM
Samsung sets up Europe Network Operations for LTE expansion.
Source: Telecompaper.
Samsung plans to expand its market position in Europe, following the deployment of LTE in the US. Samsung has created a specialist organization, dubbed ENO (Europe Network Operations), with the aim of delivering bespoke services while also expanding its human resources in the region.
Posted by Judith — 1:59 AM
Sequans, Ericsson collaborate on TD-LTE technology.
Source: Telecompaper.
French Wimax and LTE chipmaker Sequans Communications and Ericsson have collaborated to develop and mature TD-LTE technology for the global marketplace. In addition to Ericsson, Sequans is working with Nokia Siemens Networks, Huawei, Alcatel-Lucent and ZTE on LTE interoperability.
Posted by Judith — 1:00 AM
Tuesday, May 17, 2011
Bharti Airtel offers first USSD based Facebook application.
Source: cellular-news.
India’s Bharti Airtel has launched what it says is the first mobile Facebook application that runs over the USSD-based platform built into mobile phones, without using the internet or activating GPRS capabilities.
Posted by Judith — 3:59 AM
Monday, May 16, 2011
Nokia kills off Ovi mobile brand.
Source: BBC.
Nokia is to stop using the Ovi brand to sell music, games and mobile apps.
The company said it planned to wind up the four-year-old project and would be offering services under the Nokia name in future.
Posted by Judith — 4:44 AM
Cisco braces for biggest layoffs in its history.
Source: Reuters.
Cisco Systems is expected to cut thousands of jobs in possibly its worst-ever round of layoffs to meet Chief Executive John Chambers’ goal of slashing costs by US$1bn.
Posted by Judith — 1:20 AM
Optus outlines Tasmanian expansion, upgrade plans.
Source: TeleGeography.
Australian cellco Optus Mobile will expand both its network coverage and retail presence across Tasmania, with the operator planning to spend around AU$25m. (US$26.42m.) on upgrading its 3G network on this island. Once the network expansion is complete Optus expects around 96% of the Tasmanian population to be covered by its infrastructure.
Posted by Judith — 1:00 AM
Saturday, May 14, 2011
Deutsche Telekom confirms AT&T break-up fee worth US$6bn.
Source: Reuters.
AT&T will give Deutsche Telekom a break-up fee and benefits worth about US$6bn. if regulators reject the proposed takeover of the German company’s U.S. business.
Posted by Judith — 3:14 AM
Friday, May 13, 2011
Two Indian networks asked to explain delays in network rollout.
Source: cellular-networks.
India’s Department of Telecom has issued notices to two mobile networks, Idea Cellular and Spice asking them to explain delays in rolling out their networks in two licensed circles. Failure to offer an adequate explanation could result in the licenses being revoked.
Posted by Judith — 3:37 AM
TeliaSonera to adopt single brand.
Source: TeleGeography.
Swedish giant TeliaSonera has announced that it is to bring all of its subsidiaries under a common brand, while maintaining their current brand names. The company has operations in Sweden, Denmark, Norway, Finland, Estonia, Lithuania, Moldova, Azerbaijan, Kazakhstan, Tajikistan, Uzbekistan and Georgia.
Posted by Judith — 1:41 AM
DoCoMo buys additional 2% in PLDT.
Source: TeleGeography.
Japan’s NTT DoCoMo has acquired an additional 2% stake in Philippine Long Distance Telephone Company (PLDT) at a cost of US$263m.
Posted by Judith — 1:11 AM
Thursday, May 12, 2011
Ericsson completes purchase of Nortel’s Chinese assets.
Source: cellular-news.
Ericsson says that it has completed the previously announced purchase of certain assets of the Guangdong Nortel Telecommunications Equipment Company Ltd (GDNT).
Some 1,000 former GDNT employees, including approximately 550 R&D engineers will be integrated in to the Ericsson group over the coming months and will work under the Ericsson brand.
Manufacturing and Services will operate as a separate business entity, known as “Ericsson (Guangdong Shunde) Communications Company.
Posted by Judith — 3:18 AM
Intel to sell up to 10 million Clearwire shares.
Source: Reuters.
Intel has announced that it plans to sell up to 10 million shares of wireless service provider Clearwire Corp to book certain tax benefits.
The sale of the shares would not impact any contracts between Intel and Clearwire.
Posted by Judith — 1:53 AM
Numericable enters French mobile market.
Source: Telecompaper.
French cable operator Numericable will launch a Sim-only mobile phone service including unlimited calls on 16 May.
Posted by Judith — 1:00 AM
Wednesday, May 11, 2011
Google’s advertising system under US investigation.
Source: BBC.
Google’s advertising system is being investigated by the US Justice Department, the company has revealed.
The internet search giant added that it had put aside US$500m. to settle any potential charges.
The investigation is looking at how Google’s automated advertising system treats some unnamed advertisers.
A separate study is continuing to be carried out by the European Commission. Google’s advertising revenues hit US$8.3bn. in the first quarter of 2011.
Posted by Judith — 4:27 AM
AT&T, T-Mobile CEOs to defend mobile mega-merger.
Source: Reuters.
The impact of AT&T Inc’s proposed acquisition of T-Mobile on competition, pricing and consumer choice will be examined at a congressional hearing today where top executives are due to appear.
Congress has no direct role in reviewing the merger, but has oversight of the FCC and the Justice Department. Those two agencies are expected to take a year to complete their reviews.
Posted by Judith — 3:18 AM
Denmark’s TDC pays US$58m. for local MVNO.
Source: cellular-news.
Denmark’s TDC has signed an agreement to take over the local MVNO, Onfone. Onfone will continue as a separate company.
Posted by Judith — 1:38 AM
Tuesday, May 10, 2011
Microsoft confirms takeover of Skype.
Source: BBC.
Microsoft has confirmed that it has agreed to buy internet phone service Skype.
The deal will see Microsoft pay $8.5bn (GBP5.2bn) for Skype, making it Microsoft’s largest acquisition. Luxembourg-based Skype has 663 million global users.
eBay bought Skype for US$2.6bn in 2006, before selling 70% of it in 2009 for US$2bn.
Skype is now majority-owned by a group of investors, led by private equity firms Silver Lake and Andreessen Horowitz.
Posted by Judith — 6:35 AM
NSN wins Chinese network management contract.
Source: cellular-news
China’s Shanghai Unicom has awarded a five-year contract for network maintenance services to Nokia Siemens Networks.
Under the contract, Nokia Siemens Networks will offer field maintenance services, covering the base stations, transmission and fixed line networks of China Unicom’s Shanghai branch.
This is the second managed services agreement signed between a China Unicom subsidiary and Nokia Siemens Networks.
Posted by Judith — 3:04 AM
LIME formally handed wholesale broadband provider licence.
Source: TeleGeography.
LIME, the Caribbean unit of UK-based telecoms provider Cable & Wireless Communications, has officially signed a deal with the telecoms regulator in the Dominican Repubic under which it will be allowed to sell wholesale broadband services to local operators.
Posted by Judith — 2:25 AM
Huawei gains 2G network upgrade contract from Everything Everywhere.
Source: Telecompaper.
Chinese vendor Huawei has signed a deal with British mobile joint venture Everything Everywhere under which it will enhance the latter’s nationwide 2G network. Under the terms of the four-year deal Huawei will replace the entire second-generation network that the JV inherited from the sum of its parts, namely mobile network operators Orange UK and T-Mobile UK.
Posted by Judith — 1:01 AM
Monday, May 9, 2011
Nvidia to buy phone chipmaker Icera for US$367m.
Source: Reuters.
Nvidia Corp plans to buy privately held cellphone chipmaker Icera for US$367m. in cash, stepping up competition against Qualcomm and Intel in the smartphone chip market.
Posted by Judith — 5:06 AM
Cisco and Xerox partner on cloud computing, print services.
Source: Reuters.
Cisco and Xerox are partnering to provide cloud computing and print products in a bid to bolster the amount of services and hardware they can each offer to their corporate clients.
Cisco will now offer Xerox’s printing services on its network equipment, which will help it compete with its rivals, such as Juniper Networks and Hewlett-Packard.
Posted by Judith — 3:03 AM
Movistar, VTR sign national roaming agreement.
Source: Telecompaper.
VTR and Movistar are reported to have signed a five-year national roaming agreement in Chile. The agreement allows the cable operator to use Movistar’s network to expand its coverage as an MVNO.
Posted by Judith — 1:03 AM
Saturday, May 7, 2011
3 inks contract with BT to up broadband speeds to 100Mbps.
Source: TeleGeography.
Mobile network operator Hutchison 3G Ireland (3 Ireland) has awarded a EUR38m. (US$5m.) contract to BT Ireland to increase bandwidth across the country and facilitate maximum speeds of 100Mbps.
Posted by Judith — 4:05 AM
Cisco and Xerox partner on cloud computing, print services.
Source: Reuters.
Cisco and Xerox are partnering to provide cloud computing and print products in a bid to bolster the amount of services and hardware they can each offer to their corporate clients.
Cisco will now offer Xerox’s printing services on its network equipment, which will help it compete with its rivals, such as Juniper Networks and Hewlett-Packard.
Posted by Judith — 3:03 AM
Friday, May 6, 2011
Apple acts on iPhone tracking bug.
Source: BBC.
Apple has released a software update after complaints that iPhones and iPads were secretly recording locations.
The problem came to light when security researchers found a hidden file on the devices containing a record of everywhere they had been.
Posted by Judith — 3:02 AM
KT sells stake in New Telephone to Vimpelcom.
Source: Telecompaper.
Korean communications provider KT has sold its entire stake in Russian telecommunications company New Telephone. KT sold the 79.96% stake to Vimpelcom for US$346m. Proceeds from the deal will be used for investments in Latin America, Africa, as well as Central and Eastern Europe.
Posted by Judith — 2:04 AM
Thursday, May 5, 2011
Clearwire says it won’t sell spectrum.
Source: Light Reading.
Clearwire says it won’t sell spectrum to raise funds now that it has a US$1bn. wholesale pricing deal with Sprint Nextel.
The company could still raise funds by issuing more stock, securing an equity investment from a strategic partner, financing more of its debt or selling its non-essential assets.
Clearwire, which expects to be EBIDTA positive by early 2012, says it has enough cash to fund operations for at least 12 months.
Posted by Judith — 2:30 AM
China establishes internet information watchdog.
Source: Telecompaper.
China is reported to have established an agency to oversee internet information. The new agency will be called the State Internet Information Office and will direct, coordinate, and supervise online content management. The agency will also direct development of online gaming, online video and audio businesses, and online publication industries. Furthermore, the new overseer will investigate and penalise websites that violate laws and regulations.
Posted by Judith — 1:06 AM
Wednesday, May 4, 2011
Wireless carriers scale down scope of mobile payment system.
Source: Reuters.
The biggest U.S. wireless carriers, AT&T, Verizon Wireless and T-Mobile USA, are not setting up a separate network for payments on transactions done by phones.
Setting up a separate network would have been too difficult and time consuming.
The joint venture, known as Isis, had originally planned to take market share from Visa and MasterCard.
Posted by Judith — 4:49 AM
RIM adopts Bing as BlackBerry search engine.
Source: Telecompaper.
Microsoft has announced that Research In Motion is adopting the Bing search engine for its BlackBerry phones. Blackberry devices will use Bing as the preferred search provider in the browser, and Bing will be the default search and map application for new devices presented to mobile operators, both in the US and internationally.
Posted by Judith — 3:57 AM
DOJ probe of AT&T, T-Mobile deal deepens.
Source: Reuters.
The Justice Department is reported to have decided to pursue an in-depth investigation of AT&T’s plan to buy of T-Mobile USA.
The decision was widely expected as antitrust enforcers typically give close scrutiny to big deals that involve large market shares.
Posted by Judith — 1:51 AM
French Industry minister says 4G auction will start by end-May.
Source: TeleGeography.
The French industry minister has announced that the auction of fourth-generation (4G) mobile spectrum will get under way on or before 31 May and that it intends to impose a cap on how much one operator alone can bid for.
Posted by Judith — 1:35 AM
Tuesday, May 3, 2011
FiberTower loses more of Clearwire’s business.
Source: Fierce
Wireless backhaul services provider FiberTower announced its has received its second early termination notice from Clearwire to discontinue some of its backhaul services effective April 30. The termination represents about US$434,000 in monthly service revenue and Clearwire must pay about US$1.9 million in early termination fees.
Clearwire is still maintaining about 16% of the total service FiberTower had been billing them on a monthly basis.
Clearwire has been in cost-cutting mode as it searches for more funding.
Posted by Judith — 2:18 AM
Vodafone enables carrier billing for taxi rides.
Source: cellular-news.
Vodafone UK is fitting mobile phone chargers into 500 of London’s famous Black Taxi Cabs to enable passengers to charge their phone during a journey.
More tangible though, is a new scheme that will enable Vodafone customers to pay for their taxi fare by sending the taxi cab license number as a text message to a special number and have the cost charged to their phone bill account.
Posted by Judith — 1:13 AM
Majority of UK young adults willing to pay for mobile banking services.
Source: cellular-news.
Three quarters of young adults in the UK would consider paying up to GBP5 per month to access mobile banking services. The survey found 76% of ‘Generation Y’ consumers (18-26 year olds) would consider the fee a “fair price” to pay.
Most banks see mobile banking as a means of reducing costs by migrating expensive branch and call-centre transactions to mobile devices.
Posted by Judith — 1:01 AM
Monday, May 2, 2011
RIM launches two new BlackBerry Bold smartphones.
Source: Reuters.
Research In Motion has announced two upgraded BlackBerry Bold smartphones plus a updated operating system as it sought to regain its stride after a profit warning.
Posted by Judith — 4:15 AM
Sagem Wireless files for bankruptcy.
Source: cellular-news
According to a statement from one of its suppliers, the French mobile handset manufacturer, Mobiwire (formerly Sagem Wireless) has filed for insolvency in the French courts.
Sagem Wireless is majority owned by Sofinnova Partners, with minority stakes owned by SAFRAN and Sagem Wireless founders and staff.
Posted by Judith — 3:18 AM
KPN to buy cable services company Caiway.
Source: Telecompaper.
Dutch operator KPN has agreed to buy the cable company CAIW Holding from the Rabo Bouwfonds Communication Infrastructure Fund. A pioneer in digital services in the Netherlands, CAIW delivers TV, internet and telephony services over cable and fibre networks under the name Caiway, mainly in the southwest of the country.
Posted by Judith — 2:25 AM
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