Mobile payments specialist Isis to rebrand

Editor Mobile

Isis, the mobile commerce joint venture created by AT&T Mobility, T-Mobile USA and Verizon Wireless, is looking to re-brand and distance itself from the name of the militant group ISIS, which has been linked to sectarian violence against civilians and armed forced in Iraq and Syria. As a result of the unwilling sharing of names, the mobile wallet provider is …

EditorMobile payments specialist Isis to rebrand

30 Billion Dollars stand in the way of the Verizon-Vodafone Deal.

Editor UK, USA

WSJ reports that Verizon’s planned bid for Vodafone’s 45% stake is likely to face a big hurdle, particularly because the apparent difference in their valuation is $30 Billion. Verizon believes the stake is worth around $100 billion, while Vodafone believes it’s closer to $130 billion. No formal offer has yet been tabled but Verizon is reported to have hired advisors …

Editor30 Billion Dollars stand in the way of the Verizon-Vodafone Deal.

Best Buy says Bye to Europe. CarPhone Warehouse buys JV stake for $775M.

Editor Mobile

CPW is buying the 50 percent stake in the European JV (Best Buy Europe) owned by Best Buy & CPW. The deal is worth $775 Mn. Best Buy has struggled in recent years in the face of growing competition, offline and online from the likes of Walmart and Amazon. Best Buy reported flat revenue of $50 billion for the last …

EditorBest Buy says Bye to Europe. CarPhone Warehouse buys JV stake for $775M.

T-Mobile & MetroPCS merger complete. Starts trading as TMUS

Editor Mobile Network Sharing, Mobile PrePaid, Mobile services, North America, USA

T-Mobile USA and MetroPCS officially closed their merger transaction and are now trading as one entity under the stock symbol TMUS. The new entity will now be called T-Mobile US. T-mobile will start the process of migrating MetroPCS’s CDMA customers to its LTE network. The new combined entity is called T-mobile US and will be based in Bellevue, Washington. Timotheus Höttges …

EditorT-Mobile & MetroPCS merger complete. Starts trading as TMUS

US Mobile Internet trafic reaches 1.468 trillion MB in 2012: CTIA

Editor 3G, 4G/LTE, America, Mobile Broadband, USA

CTIA released figures showing mobile internet data traffic in the US rose 69.3 percent in 2012 as compared to a year ago. Mobile internet traffic rose from 866.6 Billion MB in 2011 to 1.468 Trillion MB in 2012. There is a sharp drop in terms of rate of growth compared to a year ago. In 2011 the growth rate was …

EditorUS Mobile Internet trafic reaches 1.468 trillion MB in 2012: CTIA