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Telecoms news you may have missed

With days getting hotter, the pubs becoming more appealing and summer holidays last approaching, most would forgive you for missing a few of the telecoms stories from last week. We’ve got your back.

OTT video revenue explosion forecasted

Statistics unveiled by analysis firm Digital TV Research has projected a doubling in global OTT video streaming revenues from $26bn in 2015 to $51.1bn in 2020; highlighting the growing market share of OTT players in broadcasting.

Google & Samsung move to counter Apple Pay debut

Google has stoked the fire burning underneath the mobile payments industry by announcing its acquisition of “some exciting technology and intellectual property from Softcard to make Google Wallet better.” The payment software will come pre-installed as standard on Android phones running KitKat or higher with three of the big four carriers across the USA, AT&T, T-Mobile and Verizon.

Alibaba buys $590m stake in Meizu to boost Aliyun mobile OS

Chinese e-commerce giant Alibaba has announced it is investing $590 million to grab a minority stake in Chinese smartphone maker Meizu with the apparent aim of giving a boost to Aliyun OS – its own smartphone OS derived from Android that has so far failed to gain significant traction.

Tim Cook claims Apple Pay off to strong start, not fazed by competition

Apple’s CEO Tim Cook has revealed one million credit cards were activated on Apple Pay in its first three days. So far, the US’ six biggest credit card issuers have signed up, with a reported 500 financial service providers joining early next year. Visa, MasterCard and American Express are among those already enabling the app.

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