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Millennial Media agrees to acquire mobile advertising rival Jumptap

Independent mobile advertising business Millennial Media has agreed to acquire privately-owned rival Jumptap.

The deal is described as a 'predominantly stock transaction', with Jumptap shareholders receiving Millennial Media shares.

Author: The Fonecast
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Telefonica UK and Arqiva are chosen to provide smart meter communications for the UK

Telefónica UK has been chosen as one of the preferred communications service providers for the UK’s smart meter roll-out. Subject to contract, it’ll provide communications services across the Centre and South regions in a deal worth £1.5 billion over 15 years.

The provider for the North region is infrastructure company Arqiva, with a deal worth £625 million over 15 years.

Author: The Fonecast
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