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Claire Valoti appointed MD of O2 Media after Shaun Gregory moves on

Telefonica UK has appointed Claire Valoti as Managing Director of its O2 Media business with effect from January 2012. She’s taking over from Shaun Gregory, the ex-Blyk CEO who joined the company in February 2009.

O2 Media delivers personalised targeted messaging to customers and is responsible for the O2 More loyalty scheme, which has over six million customers.

Author: The Fonecast
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France Telecom-Orange plans a venture capital fund for digital businesses in Europe

France Télécom-Orange and the Publicis Groupe advertising business are planning to launch a new venture capital fund.

The fund - which is starting with a 150 million Euro investment from the two companies - will help budding entrepreneurs in Europe’s digital economy. Additional funding from other investors is expected to bring total funding to 300 million Euro.

Author: The Fonecast
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Carphone Warehouse announces planned closure of Best Buy UK stores

Best Buy Europe, the joint venture responsible for The Carphone Warehouse brand, plans to close its eleven so-called ‘Big Box’ Best Buy stores in the UK within the next two months.

In addition, the Carphone Warehouse Group is planning to end its American profit-sharing agreement by selling its interest in Best Buy Mobile US and Canada back to Best Buy.

Author: The Fonecast
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IBM says online mobile retail traffic has doubled since last year

Figures in the latest IBM Coremetrics Benchmark suggest that record numbers of US consumers will shift their online Christmas shopping from PCs to mobile devices.

Last October, 4.2% of people used a mobile device to visit a retailer’s site - but that figure had more than doubled to almost 11% this year. Similarly, mobile sales reached 9.6% in October 2011, up from 3.4% in October 2010.

Author: The Fonecast
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