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Podcast - 23rd May 2012

Facebook's flotation is the big news story this week - but there's plenty more to talk about, including two new UK virtual networks, the launch of a new mobile payment service and mobile WiFi arriving on cross-channel trains.
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Google confirms Motorola Mobility acquisition and installs new CEO

Google has completed its acquisition of Motorola Mobility, having first announced its plans in August 2011.

Motorola Mobility CEO Sanjay Jha, who has run the Motorola mobile business since 2008, has stepped down and been replaced by Google’s Dennis Woodside.

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Vodafone announces 'robust' annual results

Vodafone has announced its financial results for the year until 31st March 2012, describing it as “robust financial performance in a difficult environment”.

Revenue was up 1.2% on last year to £46.4 billion, although profit for the financial year was down 11% to £7.87 billion. The company sold its share of French network SFR last year.

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China Telecom launches CTExcelbiz virtual mobile network in the UK

Earlier this year we reported that China Telecom’s European subsidiary planned to launch an MVNO on the Everything Everywhere network, targeting Chinese residents and businesses in the UK.

The deal would be the first MVNO outside China launched by a Chinese telecom operator. 

The network, which is called CTExcelbiz, is being officially launched today in London. It’s a ‘pay as you go’ service and will will offer Chinese language voicemail services along with bilingual Chinese/English customer service. Calls between CTExcelbiz users will be free.

Author: The Fonecast
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