Nokia has invested $70 million for a minority stake in the mobile payment technology company Obopay. This is another salvo in the ongoing battle being fought to control the mobile payments segment between banks, mobile networks, handset makers and start-ups.
Arun Muthirulan, 19 April 2009
The recent deal between Nokia and Skype to pre-install Skype VOIP software in Nokia Smartphones promises to fundamentally change the traditional mobile industry business model of call-based revenue generation.
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Arun Muthirulan, 23 March 2009
The recent decision by the Indian government to allow Mobile Virtual Network Operators (MVNOs) to offer mobile communication services to Indian customers provides a potential route for international players to enter the fast-growing Indian mobile market.
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Arun Muthirulan, 19 March 2009
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Sarita Jones, 30 September 2008
Blyk the UK-based MNVO has reputedly raised over €30m in Series B funding from Goldman Sachs and Industrial and Financial Investments Company (IFIC) to fund its European expansion.
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Michelle Wong, 29 January 2008