The O2 More advertising service, which sends marketing messages to O2 UK subscribers, now has more than a million customers. O2 More launched in December 2009, less than a year ago. Customers who opt-in receive SMS and MMS messages from O2 More clients, including Adidas, Cadbury and NatWest.
The CEO of LG Electronics – the mobile phone, TV and home appliance arm of LG – is reported to have resigned following poor smartphone sales.
Charles Dunstone, chairman and co-founder of The Carphone Warehouse, has sold around 10% of his shares in the company. He sold 15 million shares on Friday, giving him just over £35 million. He still owns over 29% of Carphone Warehouse shares.