Vodafone Idea loses customers but should still find investors
Indian operator group Vodafone Idea is struggling for customers and for the cash it needs to keep its business afloat.
Indian operator group Vodafone Idea is struggling for customers and for the cash it needs to keep its business afloat.
Orange secured just over half the shares it aimed for in its recent tender offer to minority shareholders of Orange Belgium, but insists that’s a good result.
Orange Poland has become the latest major telecoms operator to seek out a joint venture partner to help it fund the rollout of fibre infrastructure.
Reports from India suggest beleaguered telco Vodafone Idea is considering a share sale and even investment from Verizon to keep it alive while it pays off the government.
Credit rating agency Moody’s has dampened enthusiasm for US wireless entrant Dish, downgrading its credit rating on the grounds it will need a major cash injection to be a valid competitor.
Telecom Italia and Spanish bank Santander have entered into a joint venture to offer consumer banking products to Italian customers.
The World Bank has selected Progressus to head-up the second phase of its ambitious African Regulatory Watch Initiative (RWI).
The European Commission and European Parliament have dealt a blow to the likes of Facebook’s Libra initiative until they can write the appropriate rules.
Independent UK ISP Zen Internet wants to take on the big operators and has secured £20 million in credit from the NatWest bank to help with that.
With India one of the few markets which is demonstrating positive growth for smartphone shipments, Samsung is reasserting itself in the space with the launch of financing plans.
As promised by CEO Tim Cook during the last earnings call, the Apple Card is set to debut this month, with the team already taking applications from consumers.
Being ambitious is all well and good, but most would hope the ambitious are living in the world of reality. Unfortunately, with Boris Johnson’s Fibre-to-the-Home objectives, he’s operating in dreamland.
Apple’s big services event didn’t disappoint, with a bunch of potentially disruptive launches accompanied by new levels of hyperbole and clapping.
SingTel reported almost flat revenues and 14% decline in net profit in the quarter ending 31 December 2018, blaming negative influence from its investments in Australia and India.
With many commentators expressing doubt over Orange’s banking venture, it might come as somewhat of a surprise the team are planning to be profitable by 2023.
SEC-filings have emerged suggesting T-Mobile US is looking into creating a banking product for its customers which could be launched in a matter of weeks.
Orange has put the brakes on its ambitious plans to venture into the world of mobile banking after finding the proposition doesn’t quite meet the standards.
Financial services group Voice Commerce has struck a deal with Alcatel-Lucent to provide payment and mobile money services to mobile operators based on the vendor’s Mobile Wallet Service (MWS). Voice Commerce operates various financial services covering the provision of payments and e-money services, with a platform the company claims is well suited to mobile service providers in emerging markets.
Mobile operator Orange UK and Barclaycard have extended their relationship to introduce a contactless payment system, in the form of a credit card rather than a phone.