Nokia Corporation and Siemens AG have agreed that Nokia will buy Siemens’ 50% stake of the Nokia Siemens Networks joint venture for €1.7 billion (£1.5 billion).
The deal is expected to be completed during the third quarter of this year, subject to regulatory approval.
Article rating: No rating
A new mobile service called Mobile by Sainsbury’s is being launched this summer by Vodafone and Sainsbury’s in the UK.
It’ll run as a 50/50 joint venture with a management team of experienced mobile, retail and marketing experts from both Sainsbury's and Vodafone.
Article rating: No rating
Good news from Sony Mobile, bad news from BlackBerry
Mark Bridge writes:
I don’t know about you but I’m delighted to see Sony Mobile getting plenty of coverage for its new smart watch and giant smartphone. The company’s impressive presence at Mobile World Congress 2013 showed plenty of promise... and I’d say it’s now delivering.
Article rating: No rating
The European Union’s Roaming Regulations, which were put in place last May, have caused mobile roaming charges in Europe to fall again today. Charges fell last July and are scheduled to fall again next year.
Although maximum prices for voice calls and text messages are falling slightly, there’s also a dramatic drop in the maximum cost of mobile data usage.
Article rating: No rating
Research In Motion, which will officially be called Blackberry after next month’s AGM, has announced results for the first quarter of its current financial year.
The figures, which cover the period until 1st June 2013, showed a net loss of $84 million; a dramatic drop from the previous quarter’s $98 million profit.
Article rating: No rating