Vodafone looks to expand into TV and internet February 25, 2013 VODAFONE is planning to break into offering new services, such as broadband and pay-TV, in a bid to combat declining mobile phone revenues. Vittorio Colao, Vodafone’s chief executive, said the company was planning to introduce “unified services” – contracts that bundle together mobile, broadband, landline telephone and TV – across Europe in coming years. Colao’s [...]
Pearson denies FT sale talk and sets out plans for restructuring February 25, 2013 THE NEW chief executive of publishing group Pearson yesterday insisted that the Financial Times is not for sale, as he revealed a £200m restructuring plan intended to focus the firm on its growing digital education business. Pearson posted a one per cent rise in adjusted 2012 operating profit to £936m yesterday, though one-offs in the [...]
Nokia goes downmarket February 25, 2013 Nokia has expanded its Lumia smartphone range in an attempt to attract customers less willing to fork out for high-end devices. The Finnish company’s chief executive Stephen Elop yesterday unveiled two mid-range handsets – the Lumia 520 and 720 – as he tries to re-establish Nokia as a top handset seller.
EE sees rapid growth February 25, 2013 The UK’s first 4G network, EE, is signing up customers at a rate of knots, with sales growing by 10 per cent each week since it launched last November, EE chief executive Olaf Swantee said yesterday. Orange and T-Mobile owner EE has not revealed how many of customers are on its 4G plan.
Windows Phone sales rocket February 25, 2013 Sales of phones running Microsoft’s Windows Phone software have grown by a staggering 240 per cent in a year, now making up 6.2 per cent of the market. Figures from research firm Kantar show that the software – which runs on handsets from Nokia among others – overtook BlackBerry in terms of market share during [...]
Samsung Galaxy S4 set for March February 25, 2013 Samsung has announced that its latest high-end smartphone, the Galaxy S4 will be unveiled on 14 March. The Korean firm’s Galaxy S range has been the biggest challenger to Apple’s iPhone, with the previous S3 model selling more than 40m units.
O2 boss says 4G auction forecast contained flaws February 25, 2013 GEORGE Osborne should never have expected to raise the £3.5bn he had banked on from an auction of 4G mobile spectrum, the chief executive of O2 has said. Ronan Dunne, the boss of the UK’s second-largest mobile network, told City A.M. that the £2.3bn raised for the Treasury was “not actually a surprise to us” [...]
BT takes on BSkyB in the battle for pay-TV with ESPN purchase February 25, 2013 BT has agreed to buy ESPN’s UK and Ireland television business as it bids to loosen BSkyB’s grip on the pay-TV sports market with the launch of its own channels. The deal, which includes the ESPN and ESPN America channels, will see BT take on ESPN’s live sports rights package in Britain and Ireland, including [...]
Arsenal profit slides as sales of players raise less revenue February 25, 2013 ARSENAL made a pre-tax profit of £17.8m according to interim accounts released yesterday – down from £49.5m a year earlier as the club raked in less from selling big name players and played four fewer home games during the period. Chairman Peter Hill-Wood used the results, which record the six months ending 30 November 2012, [...]
Spotify to offer car streaming February 25, 2013 SPOTIFY has inked a deal with Ford that will see the Swedish company’s music streaming service integrated into Ford’s vehicles. The deal is the first of its kind and marks a new area of expansion for Spotify, which has seen rapid growth in users listening on PCs and smartphones in the last few years. Ford’s [...]
