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Ofcom says mobile contracts should ditch inflation-related price rises

Ofcom says mobile contracts should ditch inflation-related price rises

UK telecoms regulator Ofcom wants to ban inflation-related rises in phone and broadband contracts. Instead, it says any potential mid-contract price rises should be set out in pounds and pence.
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Global smartphone market is set for recovery, says new forecast

A new forecast from research specialists Canalys shows the smartphone market is set to recover next year. Worldwide shipments declined by 12% last year but that decline is expected to slow to 5% this year.
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Vodafone and Three plan to merge their UK businesses

Vodafone and Three plan to merge their UK businesses

New Hutchison/Vodafone network would be biggest UK operator

Vodafone Group plc and CK Hutchison Group Telecom Holdings Limited have agreed to combine their UK telecommunication businesses, respectively Vodafone UK and Three UK. The merger will create a large new network operator to compete with Virgin Media O2 and EE.
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UK mobile payment service Paym to close in March 2023

UK mobile payment service Paym will close on 7th March 2023. The service, which allowed users to make and receive payments using their mobile phone numbers, was launched in 2014.
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Qualcomm legal action moves forward in the UK

Qualcomm legal action moves forward in the UK

Which? seeks payout for Samsung and Apple smartphone owners

Consumer protection organisation Which? has been given permission by the UK's Competition Appeal Tribunal to represent Apple and Samsung smartphone buyers in a legal case against chip manufacturer Qualcomm.
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Opinion Articles

Tuesday, September 3, 2013

Microsoft to buy Nokia's Devices and Services business

Microsoft and Nokia have agreed a deal that’ll see Microsoft buying almost all of Nokia’s Devices & Services business, including the Mobile Phones and Smart Devices business units as well as the Lumia brand. It’ll also license Nokia’s patents and use Nokia’s mapping services.

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The deal will cost Microsoft a total of €5.44 billion (£4.6 billion); €3.79 billion for the Devices & Services business and €1.65 billion to license Nokia’s patents. It’s expected to be completed early next year, subject to shareholder and regulatory approval.

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Stephen Elop, Nokia’s President and CEO, will become Nokia Executive Vice President of Devices & Services. He’s stepping down from the board of directors until the transaction is completed. Risto Siilasmaa, who’s Chairman of the Nokia Board of Directors, will become Nokia interim CEO. Approximately 32,000 people are expected to transfer to Microsoft.

Steve Ballmer, Microsoft’s outgoing CEO, said “It’s a bold step into the future - a win-win for employees, shareholders and consumers of both companies. Bringing these great teams together will accelerate Microsoft’s share and profits in phones, and strengthen the overall opportunities for both Microsoft and our partners across our entire family of devices and services. In addition to their innovation and strength in phones at all price points, Nokia brings proven capability and talent in critical areas such as hardware design and engineering, supply chain and manufacturing management, and hardware sales, marketing and distribution.”

Nokia will be left with operations that generated around half its net sales in 2012, including the recently-renamed NSN infrastructure business, HERE location services and the Advanced Technologies research unit.

[The Next Chapter: An open letter from Steve Ballmer and Stephen Elop]

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