LONDON-Virgin Mobile U.K. has cut the price of its shares in its pending initial public offering by 20 percent due to "tough market conditions," according to international press reports.Virgin Mobile shares will now be priced between $3.70 and $4 rather than the original $4.35...
LONDON-Virgin Mobile U.K. has cut the price of its shares in its pending initial public offering by 20 percent due to "tough market conditions," according to international press reports.Virgin Mobile shares will now be priced between $3.70 and $4 rather than the original $4.35...
NUREMBERG, Germany-Nokia Corp. will incorporate Coding Technologies' aacPlus audio codec into its future products under a newly signed licensing deal.aacPlus, which offers high audio quality at low bit rates through an audio compression scheme, has been adopted by SK Telecom, Vodafone and MmO2 for...
LONDON-U.K. telecom regulator Ofcom said U.K. mobile carriers must reduce their mobile termination rates, in a further blow to the highly competitive market, which has already been forced to lower the prices of terminating calls on wireless networks.Vodafone U.K. and MmO2 must reduce their...
U.K. telecom regulator Ofcom said U.K. mobile carriers must reduce their mobile termination rates, in a further blow to the highly competitive market, which has already been forced to lower the prices of terminating calls on wireless networks.Vodafone U.K. and MmO2 must reduce their...
Mobile virtual network operator agreements sprung up on both sides of the Atlantic this morning, with two wireline providers overlooking their former wireless subsidiaries for the partnerships. AT&T Corp. reported a deal with Sprint Corp. to sell AT&T-branded wireless service during the next five...
South AfricaElectronic services company Molapo Technology said it has extended its services-level $130 million agreement with service provider TelKom South Africa. The contract will last till 2008, said Molapo. "As the economy grows and diversifies, so too has the role of TelKom," said Essa...
SLOUGH, United Kingdom-European carrier MmO2 announced it will add BlackBerry capabilities to its new Xda II mobile phone/personal digital assistant later this year.The carrier's Xda II is based on Microsoft Corp.'s operating system and features a built-in tri-band mobile phone, games, an integrated digital...
SANTA CRUZ, Calif.-MmO2 in the United Kingdom said it will conduct a multimedia messaging campaign that will award the photogenic winners modeling contracts with Premier Model Management.The campaign, conducted by picture-messaging company LightSurf Technologies Inc., will allow camera-phone users to take pictures of themselves...
DUBLIN, Ireland-O2 Ireland said it began limited third-generation services in Ireland, equipping 25 customers with Nokia 6650 handsets. O2 Ireland said its 3G network coverage extends to more than 35 percent of the population and covers major urban centers, exceeding its regulatory requirements.The operator...
Although there are numerous complexities in selling music over wireless, mobile-phone maker Siemens announced a new offering designed to give the world's carriers a quick and simple way to jump into the market. European carrier MmO2 took the first plunge with its O2 Music...
WATERLOO, Ontario-Wireless e-mail company Research In Motion Ltd. continued its international expansion, launching a new BlackBerry device with European carrier MmO2 and racking up deals with Telcel in Latin America and Smart Communications in the Philippines.To date, RIM's BlackBerry is available through carrier relationships...
MUNICH, Germany-Device maker Siemens announced a new music downloading device and service that it will sell to wireless carriers, following MmO2's introduction of the offering last week. Siemens said it is in advanced negotiations with an unnamed U.S. wireless carrier for the offering.O2 last...
LONDON-MmO2 has inked an agreement with audio compression specialists Coding Technologies under which the operator will use MPEG-4 aacPlus as the audio compression standard for the O2 Music service launched this week.The O2 Music service provides an "over the air" music download service that...
Premium text messaging is now a reality in the United States-essentially creating a new market in the U.S. wireless industry.Most of the nation's wireless carriers have installed the necessary billing and management systems to offer the service-including all of the nationwide operators-and already a...
Two of the world's most notable mobile commerce startups, Network365 Ltd. and iPIN, announced today they will blend into a new player, Valista, a move company officials said will create a dominate payment provider covering more than 150 million subscribers.The ambitious combination could pave...
ESPOO, Finland-Nokia Corp. reported the results of a multimedia messaging trial it conducted with five wireless operators in Europe and the Asia-Pacific, figures the company said offer evidence that the market for mobile data services will grow to $212 billion by 2007.Nokia said it...
DUBLIN, Ireland-Irish mobile operator MmO2 began a new service called FoneBlog that allows customers to create and run personal Web sites from their mobile phones.The service, from NewBay Software, allows mobile users to tap into the increasingly popular blogging trend. The system integrates with...
LONDON-Lucent Technologies Inc. said it has signed a three-year contract to assess and analyze the performance of European mobile operator MmO2's GSM and GPRS networks in Germany, Ireland, the Isle of Mann and the United Kingdom."It is important to O2 that we ensure our...
GLEN COVE, N.Y.-Acclaim Entertainment Inc. announced it will develop and license interactive entertainment content for mobile gaming platforms under the new publishing label Acclaim Connected."Mobile gaming represents an opportunistic market that we believe is additive to our core publishing business, which can provide incremental...
LONDON-U.K. fixed-line operator British Telecommunications announced plans to focus on the consumer wireless market with a wireless product called BT Mobile Home Plan targeted at families. The carrier will resell wireless service from T-Mobile for the offering.BT also has a mobile virtual network operator...
ROME-Not only can your mobile phone keep you in touch with friends, family and co-workers, it can also keep you closer to the Holy See.Under a new service from wireless application company Acotel, wireless users in Europe can sign up to receive the Papal...
European operator MmO2 reported strong customer and data growth across its operations at the end of June. The mobile carrier added 504,000 customers, a 2.8-percent increase over the previous quarter, in saturated markets and boosted average revenue per user in the United Kingdom and...
