When is a mobile payment a “mobile payment”?
When it’s m-commerce. That’s one of the top-level findings of the MasterCard Mobile Payments Readiness Index (MPRI). The Index rank orders 34 global economies in terms of their readiness to execute on mobile payments across all three configurations—mobile at point of sale (POS), person-to-person payments (P2P), and e-commerce conducted from a mobile device (m-commerce).
Mobile operator Vodafone made a writedown of $6.3 billion and cut its medium-term sales target as the debt crisis squeezed customers in southern Europe, forcing them to save money on phone calls.
China Telecom Europe, a wholly-owned subsidiary of China Telecom in the EMEA region, has announced that it will launch the first Chinese MVNO service outside of China, which will run on the Everything Everywhere network. CTExcelbiz MVNO is due to launch on Tuesday.
On Monday, Bright House Networks, Cablevision, Comcast, Cox Communications and Time Warner Cable announced that they will allow each other's high-speed Internet customers to access their metro WiFi networks, totaling over 50,000 hotspots.
Eutelsat Communications, a French-based satellite provider, on Monday announced its new 'IP Easy' broadband platform built to extend high-speed Internet access to residential and home office users as well as small and medium-sized enterprises across sub-Saharan Africa.
The Unified Communications (UC) market is on the cusp of a significant transformation, largely fueled by the advent of new technologies and capabilities such as video, making previously complex features and services within the realm of possibility today. In fact, most industry analysts expect the UC market to grow at an aggressive rate over the next several years. One industry estimate has the UC market at $22 billion by 2016, up from approximately $8 to $10 billion today.
Huawei, a provider of telecommunications equipment, on Monday announced it has signed a five year managed services agreement with Telefónica UK. Under the agreement Huawei will manage planning and implementation of the Telefónica UK mobile core network.
The financial terms of the transaction were not disclosed
Some passengers on Virgin Atlantic flights can now call home from the air. The airline announced on Tuesday it is providing travelers with a new cellphone service to make and receive phone calls from 35,000 feet in the air.
France's new mobile phone operator Iliad has signed up 2.6 million customers to take 3.7% of the market since launching its ultra low-cost offers in mid-January, a pace unprecedented among new mobile entrants in Europe.
The buzz around Iliad's 'Free Mobile' offers also allowed the group to recruit 191,000 new customers to its core broadband Internet service business, its highest level ever and 50% of all the new additions in the sector in the first quarter.
Verizon Wireless should see an increase in date revenue after it offers new shared data plans this summer, according to a top executive for parent company Verizon Communications Inc.
Verizon's (New York) intends to allow customers to share their data allowance among different devices, unlike their current offerings, where they have to sign up for a separate data plan for every device connected to the wireless operator's network.