Barclays introduces person-to-person mobile money transfers to the UK, Ofcom gets the go-ahead to cut wholesale interconnection charges, a handful of new phones are announced ahead of Mobile World Congress... plus the rest of the week's big news.
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With Mobile World Congress just a week away, LG has announced a new 4G LTE device that’ll be making its debut there.
It’s called the Optimus Vu: (yes, the colon is part of the name) and has a 5-inch 1024x768 screen with a 4:3 ratio, giving it a similar format to an ebook reader.
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Warren Lewis, LG’s head of mobile for the UK, is reported to be leaving the company after five months in his role.
He’d been with the company since 2007 and replaced Jim Michel in September 2011.
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The mobile phone market grew by 6.1% year-on-year in the fourth quarter of 2011, according to the latest report from the International Data Corporation.
IDC’s Worldwide Mobile Phone Tracker revealed that 427.4 million mobile devices were shipped in Q4 2011, with the feature phone market declining faster than anticipated.
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LG Electronics has announced financial results for the fourth quarter of 2011 and for the full year.
In Q4 2011, LG reported consolidated revenues of 13.81 trillion South Korean Won (£7.78 billion) with an operating profit of KRW 23 billion; the first profitable quarter for a year and a half.
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