Wireless technology and content company Enpocket scored its second major acquisition, announcing the purchase of Helsinki-based mobile technology company Mobicus for an undisclosed amount. The firm said the acquisition would expand its customer roster and its technology offerings."We are thrilled to be acquiring Mobicus...
HELSINKI, Finland-Internet portal Yahoo! dropped its stake in TeliaSonera's Zed wireless data portal, but said it will continue to offer co-branded services with Zed across Europe.Yahoo! purchased a 15-percent equity interest in Sonera Zed Ltd. in 2002 with an option to acquire the remaining...
Internet portal Yahoo! dropped its stake in TeliaSonera's Zed wireless data portal, but said it will continue to offer co-branded services with Zed across Europe.Yahoo! purchased a 15-percent equity interest in Sonera Zed Ltd. in 2002 with an option to acquire the remaining interests....
MANILA, The Philippines—Short message service (SMS) technology, more popularly known as text messaging among Filipino mobile users, proved to be a substantial source of revenue for Smart Communications, the wireless provider of telecom giant Philippine Long Distance and Telephone Company (PLDT). In 2001, an...
HELSINKI, Finland—Finnish mobile giant Sonera announced it is retreating from two major wireless data areas—data transaction security and wireless Internet portals.Sonera said it will close down or sell its Sonera Zed mobile Internet portal business in Turkey, the Netherlands and the United States by...
BELLEVUE, Wash.—Sonera Zed Ltd., the wireless Internet arm of Finnish telecommunications company Sonera Corp., will add a unique mass messaging function to its Wireless Entertainment Network offering through a deal with FreeRein.Under the deal, Sonera Zed will incorporate FreeRein's M/Gen Group product, which allows...
BELLEVUE, Wash.—Wireless data delivery solution provider Wireless Services Corp. and mobile software company FreeRein have entered a joint service agreement to commercially release new wireless data applications for worldwide carrier and enterprise customers.The companies said the new wireless applications will be available in the...
BOSTON-Mobile services company Sonera Zed U.S. Inc. announced it plans to offer a variety of ring tones and icons in addition to its WAP and short message service offerings for mobile phones."There are a lot of great wireless services on the horizon, and carriers...
STOCKHOLM, Sweden-Sonera Corp. said it will cut about 70 jobs from its Zed mobile Internet portal, citing slower revenues and a rough foreign expansion.The mobile Internet unit now employees about 400 people in the United States and Europe.The Zed portal launched in the United...
LAS VEGAS-Sonera's zed portal service won a major victory last week as wireless carrier Vodafone U.K. adopted the services for use in the United Kingdom. Vodafone Group plc offers its own portal service to carriers in conjunction with Vivendi, called Vizzavi, and the carrier...
Until you have actually bought a good or service using a mobile device, it is difficult to comprehend the sheer power of the phone as an electronic wallet. In Europe, recent initiatives by innovative carriers such as Sonera allow users to buy candy, to...
HELSINKI, Finland-Nokia Networks and Sonera zed have teamed together to develop platforms for mobile value-added services, working together in systems integration and sales and marketing efforts worldwide.The agreement has the companies committing staff and resources to develop a new architecture and applications for mobile...
NEW YORK-In November and December, Sonera zed U.S. Inc. "will dip its big toe into the waters of mobile commerce to see if they're warm," and it plans user trials by next spring, said J. Paul Hughes, vice president of business development."There are a...
In a surprise ending, six groups walked away with Universal Mobile Telecommunications System licenses in Germany at a total cost of $45.85 billion, the largest amount raised yet in a third-generation spectrum auction, hitting the ceiling of most analyst predictions.Each of the winners-Deutsche Telekom...
HELSINKI, Finland-The Finnish government said it is in negotiations to sell its 52.9-percent stake in Sonera, the former state telecom monopoly, which operates the country's largest mobile-phone network.Speculation has circulated for months that Sonera must take a partner to compete in the increasingly competitive...
LONDON-Sonera Zed Ltd. has agreed with Unilever and Hewlett-Packard Co. to test new mobile marketing solutions beginning in Finland this summer."Mobile marketing is one of the areas in which Zed wants to be a forerunner and develop new, advanced solutions," explained Juha Varelius, president...
NEW YORK-To simulate third-generation wireless before its deployment, Finland's Sonera has just embarked on a new program, Sonera Mspace, said Kaj-Erik Relander, the company's executive vice president.In partnership with content, service and technology providers, Mspace will conduct in Finland "real life trials with consumers...
GENEVA-Sonera, the Finnish telecommunications operator, announced it plans to enter the wireless portal business. The company said it initially will focus its efforts on Western Europe and the United States, competing head to head with U.S. firms such as Phone.com.Called Sonera Zed, the service...
