Vodafone says it's going to sell its entire 3.2% interest in China Mobile Limited, which will raise around £4.3 billion before costs. (That's almost twice what Vodafone paid for the original share back in 2000). Approximately 70% of the net proceeds will be returned to shareholders through a share buyback; the remainder will be used to reduce the Group’s debt.
This week's edition of The Fonecast takes its usual look at the latest mobile industry headlines, covering everything from tablet devices to network sharing. There's also a preview of Friday's Definition of Mobile event with Steve Dobson; he aims to show businesses how they can take advantage of mobile technology... and warns them against becoming too "Apple happy".
This week's podcast takes its usual look at the latest industry headlines, covering everything from tablet devices to network sharing. There's also a preview of Friday's "Definition of Mobile" event, which aims to show businesses how they can take advantage of mobile technology.
Over-the-air software management company Red Bend – we interviewed their vice-president of technology & new business earlier this year – has today acquired California-based mobile virtualisation business VirtualLogix.
It's reported that DataViz, the company behind the 'Documents To Go' application that's long been a popular choice with Palm users, has been acquired by Research In Motion. Neither company has made an announcement, although Crackberry.com points out that a number of DataViz employees have changed their profiles on business networking site LinkedIn to show Research In Motion as their current employer.