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M-commerce transactions to reach £24bn by 2016 Wednesday, 18th January 2012
M-commerce transactions are set to be worth £24 billion by 2016, according to two reports released this week. Analysts at IHS Screen Digest and Informa Telecoms & Media have issued separate reports detailing the future of commerce through mobile devices. Informa predicted that m-commerce revenues will reach £24 billion by 2016 with remote payments for physical goods and services and international mobile money transfers accounting for two-thirds of the total m-commerce market.
O2 services reduced after equipment damaged by thieves Tuesday, 17th May 2011
Customers of the mobile phone company have reported significant problems with basic services after equipment was damaged by thieves at an undisclosed location in East London.
Customers across London, east Sussex and Kent cannot make calls, use the internet or send or receive texts and emails after essential equipment was damaged in the early hours of this morning. Engineers are currently working to replace the damaged and stolen equipment which is expected to be back in service later this evening.
O2 have declined to go into detail about the incident, though a spokesperson has commented that it was "a well organised theft". Despite this significant service interruption, O2 has emphasised that they are making every effort to "restore full service as soon as possible following this unforeseen incident".
Vodafone shells out USD5 bn for remainder Essar stake Thursday, 31st March 2011
The unexpected buy-out of Essar by the British mobile phone company will end months of conflict between the two companies’ joint venture.Vodafone, the world’s largest mobile operator by revenue agreed to buy the final 33 percent of its Indian joint venture from Essar Group.The move comes as somewhat of a surprise after Essar announced plans earlier this year to list on the Bombay Stock Exchange.The final settlement, which is expected no later than November this year, is likely to see Vodafone taking a 75 percent stake in VodafoneEssar.
Revolution in sight for T Mobile and Orange with arrival of Everything Everywhere on high street Thursday, 10th February 2011
Lost signal and run down batteries are set to become a thing of the past for mobile phone users as Everything Everywhere rolls out the first of their high street stores this month. Billed as "one company running two of Britain's biggest brands", Everything Everywhere will merge Orange and T Mobile to deliver a service centered around convenience for the user. It seems that the brand hope to take the lead from the tech moguls at Apple with a highly conceptual store design, where customers will be encouraged to 'hang out' whilst accessing the store's free Wi-Fi, or charge up their phones regardless of hand set design. The does-what-it-says-on-the-tin approach will be a welcomed change for phone users across Britain and will hopefully mark the beginning of faster, more reliable communication with mobiles. The first store, in Altrincham, will open on 18 February, followed by shops in Bishops Stortford, Eltham Lowestoft and Evesham. The trial is set to last 6 months.
UK firm promises photo-realistic 3D graphics on mobiles Wednesday, 15th December 2010
UK-based Imagination Technologies has acquired 3D graphics specialists Caustic for $27 million (£17 million), promising that photo-realistic 3D will soon be available on consumer mobile devices.The investment in Caustic Graphics will help Imagination Technologies – who provide the video chips used in the Apple iPhone and also own UK DAB specialists Pure Radio – to push the envelope of what is possible with mobile 3D graphics.Read more on Tech Radar
One in ten UK shoppers will be doing part of their christmas shopping on mobile this year Tuesday, 30th November 2010
One in ten Brits will do their online Christmas shopping using their mobile phone rather than a computer this year, according to new research findings from Tesco Direct. The news comes just as Tesco Direct launched its mobile website last week. See more on Internet Retailing