The UK mobile industry is losing up to £140 million a year on premium rate fraud, according to BillingScore.
It says network operators take around 30% from billing charges to cover fraud and bad debt, which means the cost of fraud affects all the players in the mobile industry, including SMS wholesalers, aggregators, content providers, retailers and consumers.
In this week's edition of The Fonecast we catch up with Bob Sweetlove of HSC. He tells us the secret of winning a Mobile News Award - HSC picked up the 'best airtime distributor' prize earlier this month - and discusses some of the current trends in distribution.
Plus, as usual, we take a look at all the big news stories that affect the UK mobile industry… from developments with the BlackBerry PlayBook to a brand new mobile payment service.
This week we're talking to Bob Sweetlove of distributor HSC about the company's recent Mobile News Award for 'best airtime distributor'. And, as usual, we look at the latest industry headlines, from the BlackBerry PlayBook to mobile payments.
Hutchison Whampoa, the parent company of Three UK, has published its results for 2010.
Total revenue for the business was up 8% to almost HK$326 billion (around £26 billion), with the 3 Group reporting its first-ever positive earnings. It now has over 29.6 million 3G customers worldwide.
Amazon.com has launched a new music service called Amazon Cloud Drive, along with web-based and Android-based music players. It enables customers to store music online and then play it on any Android mobile device or web-connected computer.
Customers can save new Amazon MP3 purchases in 'the cloud' and can also upload their existing MP3 or AAC music collection.