Vodafone suffers slowdown in tough European and African markets
Vodafone fell foul of tough market conditions in the first quarter as a slowdown in Spain and South Africa resulted in another heavy drop in revenue. The world’s second-biggest mobile operator said on Friday the pace of decline in organic service revenue, which strips out items such as handset sales and currency movements, accelerated to 4.2 per cent in the three months to June 30.
Citic Telecom in talks to buy stake in RCom’s subsidiary
China’s Citi Telecom is looking to buyout Reliance Communication ‘s undersea cable subsidiary. The deal, which is in advanced talks to buy for Global Cloud Xchange (formerly Reliance Globalcom), may fetch the Anil Ambani-led telecom company a whopping USD 1 billion. RCOM is likely to sell majority stake in Global Cloud Xchange to Citic, which should start the due diligence for the deal next week.
TenTel to launch new low-cost, no-ties offer
A Selkirk-based start-up is aiming to disrupt the UK telecoms market by being the first to offer customers same-day telephone and broadband services without holding them to long-term contracts. Set to launch next month, TenTel says it will offer a unique ‘move-in, turn-on’ service with no enforced tie-ins or hidden extras. The new offer will be aimed principally at customers in rented accommodation. Working in partnership with landlords and letting agents, the company will offer them a commission for each line of data they supply and for each of their tenants who signs up for the service.
Government pulls £50 million Silicon Roundabout regeneration fund
The Prime Minister’s office has pulled the £50 million that was due to be spent on the regeneration of Old Street’s Silicon Roundabout in East London. No. 10 told Techworld in March that the government was holding the money until City Hall submitted appropriate regeneration plans, but a spokesperson has revealed that the £50 million has been taken off the table. “Given that a permanent solution for the roundabout will be technically difficult and some way off that money has gone back into general expenditure,” he said.
New research examines businesses’ handling of digital transformation
Although businesses are making the effort to build digital transformation plans, they are not following through by mapping the customer journey, claims new research. Research and consulting firm Altimeter Group published The 2014 State of Digital Transformation to explore the ways in which digital customers differ from traditional counterparts. The report claims that 88 per cent of participants said their organisation was undergoing a formal transformation effort, but only 25 per cent reported that the digital customer journey was mapped out from start to finish ensuring they are reached at every major touch point.
China Unicom, Huawei to work on cloud tech
The cloud platform division of China Unicom signed a strategic cooperation agreement on Software Defined Networking (SDN) innovation with local kit vendor Huawei this week. In a joint statement, China Unicom Cloud Data Company and Huawei said they will foster extensive cooperation conducted in the field of SDN, developing SDN controllers, and deploying SDN-based solutions in datacentre networks.
Mobile gamers rate ads during gameplay ‘breaks’ as least effective
Research into advertisements shown to mobile gamers has found that ads shown during breaks in gameplay action are the least preferred format. The study, carried out by MediaSpike in partnership with Interpret, found that gameplay break ads were preferred by only 11 per cent of respondents, and were ranked as least preferred by 36 per cent. Even banner ads, usually deemed as ineffective, were more preferred at 29 per cent. In fact, gamers reported they were twice as likely to interact with a banner (21 per cent) compared to gameplay break ads (nine per cent).
Mobile ad spending surges with big shift to smartphone, tablet use
The day that eMarketer predicted that mobile ad spending will surpass newspaper and radio ad revenues in 2014 seemed a particularly good time to catch up with the MassTLC’s (Massachusetts Technology Leadership Council) Mobile Summit in Cambridge, Mass. The eMarketer predictions were carried in the Wall Street Journal. The bottom line as carried in the WSJ contends that mobile ad outlays are projected to jump 83 percent this year to nearly $18 billion as newspapers turn in $17 billion and radio is projected to finish the year at $15.5 billion.
Instagram to launch a “one-tap photo messaging” service – Bolt
Instagram is set to launch a new service, Bolt, which seems to be a rival to Snapchat by offering “one-tap picture messaging”. A promotional message introducing the service appeared on the banners of Instagram for some users, but then they tried to click through to the Google Play store, it led to a dead end. This is not the first time such an incident has happened – last month Facebook, which owns Instagram, accidentally released its new app Slightshot too early, and had to delete it from the Apple store.