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Monday, May 2, 2011

Documents show French telecoms company MobiWire in receivership

MobiWireFrench telecoms company MobiWire - formerly Sagem Wireless - appears to have filed for insolvency.

Court documents show receivership (“redressement judiciaire”) being pronounced on 28th April and papers being issued today, with a hearing set for 23rd June 2011.

Myriad Group, a Swiss mobile technology business, says it’s owed around 7 million Euro by MobiWire from a deal signed last year and will be taking action against MobiWire shareholders.

Simon Wilkinson, CEO of Myriad Group, said “We are extremely disappointed in the actions of the Mobiwire management, and its shareholders, in causing this failure and its subsequent knock-on effect to Myriad and other Mobiwire creditors. Our 2011 plans had no revenue or cash inflow from Mobiwire and we remain a financially stable company.”

We spoke to Jérôme Nadel of MobiWire at Mobile World Congress in February. Click here to listen to the 25th February 2011 podcast via our website - or find our podcasts free on iTunes.
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Opinion Articles

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Mark Bridge writes:

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Mark Bridge writes:

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Author: The Fonecast
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Last week at The Fonecast: 16th April 2012

Mark Bridge writes:

At the beginning of last week, Facebook and Instagram were the talk of the mobile industry. Was this billion-dollar deal the sign of another tech bubble?  Facebook’s fast track into mobile?  Facebook moving to cement its dominance of online photography?  You, the jury, decide.

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Last week at The Fonecast: 9th April 2012

Mark Bridge writes:

Easter is often seen as a time for customs and rules – whether it’s giving up sugar for Lent or waiting until Sunday morning to eat your chocolate eggs – and this year the mobile industry seems to have joined in.

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Last week at The Fonecast: 2nd April 2012

Mark Bridge writes:

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Our friends at 51Degrees.mobi revealed left-handed device detection, Google prepared to run mobile ads on phones with dials, Phones 4U introduced Gnomes 4U femtocells, Nokia made a Windows Phone device out of ice… and so on.

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