New research from analyst firm Ovum predicts that global mobile revenue will drop in 2018 for the first time in the history of the mobile industry.
The number of new connections is still increasing, although figures are expected to rise by a compound annual growth rate of less than 4% between 2012 and 2018.
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Mobile security specialist Lookout has arranged $55 million of strategic financing.
Investors included Deutsche Telekom and Qualcomm Ventures as well as venture capital firms Greylock Partners and Mithril Capital Management, along with current investors Accel Partners, Andreessen Horowitz, Index Ventures and Khosla Ventures.
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Onavo, which offers a number of data compression and monitoring apps for mobile devices, has announced that it’s becoming part of Facebook.
The three-year-old company also offers a market intelligence service based on mobile usage data.
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T-Mobile US is going to start offering mobile internet access and text messaging in more than 100 countries at no extra charge.
The news follows a recent decision by Three UK to drop roaming charges in seven countries.
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BT has signed an agreement that’s expected to result in EE providing a mobile virtual network for BT customers and employees.
The BT Mobile MVNO currently runs on the Vodafone UK network.
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