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.
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.