Category Archives:
Financial

juniper-logo Smartphone sales surging ahead says Juniper

Apple & Samsung decline vs Huawei, LG & Lenovo rise

According to Juniper Research Whilst global smartphone shipments exceeded 290 million units in Q2 2014, Samsung and Apple both lost market share. The chief beneficiaries were Huawei, LG and Lenovo. Significantly, Juniper anticipates that emerging nations in Far East & China, Indian Subcontinent, Latin America and Africa & Middle East will account for over 50 per cent of the global smartphones shipped in 2014. The 290m million represented 26 per cent y-o-y [year-on-year] growth and 2 per cent q-o-q [quarter-on-quarter] growth. Continue reading

- dyson Customer numbers & data usage up at 3UK

Three UK delivers operating profit of £123m for Q1-Q2 2014

Growth in customer numbers plus growth in data usage per customer helped Three UK [3UK] deliver operating profits of £123 million for Q1-Q2 2014. This compares to £86 million in Q1-Q2 2013 and £121 million in Q3-Q4 2013. A number of industry-leading initiatives have helped to drive these improvements in profitability including one of GoMo News‘ favourites – Three inTouch which offers VoWifi (Voice over Wi-fi) which officially launched this week [July 2014]. Plus 3UK offers new contract handset and SIM-Only plans which include unlimited free 0800 [freefone] numbers. Plus the company has attractive roaming deals, too. Continue reading

- macmillan Pollen’s Macmillan comments on app poverty line

Possibly 98.4% of developers living on it

A recent report – based on research by Vision Mobile, entitled ‘Developer Economics Q3 2014: State of the Developer Nation‘ revealed that many app businesses currently are not sustainable. Crucially, the report found that just 1.6 per cent of developers generate most of the app store revenue. Martin Macmillan, CEO with new FinTech company Pollen, appears to have coined a new phrase for this – the “app poverty line”. Thus, in effect, as many as 98.4 per cent of mobile app developers may be living below the app poverty line. Hence Macmillan offers useful advice to developers. Talking to Pollen itself is the tip he neglected to mention. Continue reading

reflection of what we’ve built - samadi Opera Mediaworks continues to expand global footprint

Acquires apprupt to better serve German market
Leading German player brings depth and breadth to end-to-end platform for publishers and advertisers

Press release

April 30th 2014

Opera Mediaworks, the world’s largest mobile advertising platform, has announced the acquisition of apprupt, a leading mobile advertising company in Germany. The deal will expand Opera Mediaworks’ reach into the German market whilst giving apprupt’s existing client base access to additional capabilities. Apprupt is a leading mobile advertising specialist in German-speaking markets, reaching more than 22 million mobile users. With a premium publisher portfolio of more than 250 mobile websites and apps, apprupt enables brands and advertising partners to engage with premium audiences on mobile devices through innovative rich media campaigns, as well as performance advertising solutions. Apprupt’s publisher clients include Bauer, IDG and Tomorrow Focus Media as well as Lovoo. Continue reading

lukies IBM & Monitise help financial institutions capitalise on commerce

Global strategic alliance will enable clients to deploy new mobile banking, payments and commerce solutions via the cloud to better engage customers

Press release

July 21st 2014. IBM (NYSE: IBM) and Monitise (LSE: MONI) have announced an expanded, multi-year global alliance to deliver cloud-based mobile commerce solutions to help financial services institutions embrace the mobile channel and better engage with customers. As part of this news, the expansion of the alliance will bring together the IBM MobileFirst portfolio of offerings as well as IBM’s financial services and retail industry expertise with Monitise’s mobile banking and payments capabilities, spearheaded globally as an IBM Global Business Services’ initiative. Continue reading

Carphone considering becoming MVNO on 3UK

Not sure how this will affect Talk Mobile

According to reports, the UK’s leading mobile retailer, the Carphone Warehouse is in advanced negotiations with mobile network operator [MNO] Three (3UK). The intention is to create a Mobile Virtual Network Operator [MVNO] to rival the likes of Virgin Mobile or Tesco Mobile. The rumour has it that Carphone Warehouse could even launch the MVNO in time for Xmas. GoMo News isn’t quite sure where this leaves Talk Mobile (not to be confused with TalkTalk Mobile) which operates over Vodafone’s mobile network. Continue reading

new global provider of connected car - brenneis Vodafone to make M2M move with Cobra takeover

Success would provide it with big telematics/M2M/iOT player

Well, Vodafone has found something new to do with its funds war chest inherited by selling its Verizon Wireless stake. It’s going heavily into the telematics/M2M/iOT sector by announcing its intention to voluntary takeover of Cobra Automotive Technologies. Headquartered in Italy and listed on the Milan stock exchange (Borsa Italiana S.p.A), Cobra has operations in a host of countries including Brazil, China, France, Germany, Italy, Japan, South Korea, Spain, and Switzerland as well as the UK. Continue reading

perley mcbride C&W appoints new CFO – Perley McBride

Former CFO @ USA’s Leap Wireless

Cable & Wireless Communications (CWC) has announced that it has appointed a new Chief Financial Officer (CFO) in the shape of Perley McBride. He has extensive experience of the telecom and technology sectors. Previously, McBride was the CFO of Leap Wireless International, a US-based mobile network operator [MNO]. Continue reading

carphone_store Dixons-Carphone deal under threat from EE

UK’s largest MNO in threat to drop UK disties

The proposed merger between the white goods specialist – the Dixons Group (which includes PC World) and UK High Street mobile phone distributor, Carphone Warehouse, could be under threat from EE. Not a good prospect given that EE is the UK’s largest MNO [Mobile Network Operator] – made up as it is from Orange and T-Mobile. A story in the Sunday Telegraph here, claims the MNO might be considering cutting ties with the Carphone Warehouse or with its arch rival distie [distributor] Phones4U – or cutting ties with both. Continue reading

best placed for mobile money opportunity - buse Monitise makes a surprise new appointment

Mobile money appoints three new females inc Elizabeth Buse

Mobile money transfer specialist, Monitise, has surprised its investors by recruiting a former Visa executive in the shape of Elizabeth Buse. She becomes co-CEO to work alongside Monitise co-founder Alastair Lukies. As soon as the news came out, shares in Monetise rose 4.3 per cent. GoMo News can’t understand why this news was such a surprise when Buse was previously a member of the Monitise board from July 2010 to October 2012. Buse was most recently the executive vp of Visa’s global solutions group, a role she took in August 2013. Continue reading

- macmillan Fund pays app developers in 7 not 60 days

Pollen launches velocity capital to aid user acquistion

Good news for mobile developers who are struggling to fund the success of their apps. Finance company, Pollen, is partnering with leading mobile advertising networks to seamlessly connect its patent-pending financial technology platform at the intersection of the apps and ads worlds. Basically, Pollen is pioneering a new class of capital – Velocity Capital. It’s just gone live with closed beta in the USA and UK – deploying in excess of $150 million. Velocity Capital enables app developers to be paid seven days after their sales within app stores. Even though the stores themselves delay payment for as long as 60 days. Continue reading

pollen_ads New FinTech company offers faster access to app store revenue

Announces closed beta

Press release

May 22nd 2014. Pollen, a new FinTech company based in London and San Francisco, has announced it will deploy in excess of $150 million of ‘Velocity Capital’ to mobile app developers during 2014. This come with the launch today [May 22nd] of its closed beta in the USA and UK. A range of independent and venture backed start-ups have already had early access to the initiative. Continue reading

about the customer experience -heywood GoMo rant: You can’t sell the IoT on the High Street

Brits won’t buy a connected fridge from Dixons Carphone

Here at GoMo Towers we have been mulling over the implications of the proposed merger between two of the UK’s High Street giants: – the Dixons Group and the Carphone Warehouse. Now it makes a great deal of sense to merge two of the most common shops on the High Street – the mobile phone shop and the electrical retailer. The businesses are fairly complimentary. What worries us, however, are the comments made in favour of the merger which point to the Internet of Things [IoT] as being an area where the new group might enjoy an advantage. It seems the financial markets agree us because the following day shares in Dixons closed down 5.23 at 45.67p, while Carphone fell 26.5 to 301.3p. Continue reading

good - humphrey Market reacts well to Anite’s possible disposal

Would leave it free to concentrate on core testing business

UK phone testing specialist, Anite, is rumoured to be talking to private equity company, LDC, about the possible sale of Anite Travel. This division offers software solutions for online booking to leisure sector firms via its @com reservation system. The company LSE listed company initially announced back in February [2014] that it was thinking of divesting itself of the division. Anite Travel, accounted for about 15 per cent of the group’s total revenue of £132.5m in the year to April 30th 2013. In a statement, Anite CEO, Christopher Humphrey observed, “The second half of the year has seen a progressive improvement in handset testing trading, as certain of the revenue catalysts we identified at the half year have started to bear fruit.” Continue reading

pleased @strength of  data cablin- eisenhardt Volex hints at significant order uplift on back of China’s 4G surge

London-based mobile cabling provider Volex looks set to provide shareholders with some good news at last after reporting that China’s roll-out of 4G is boosting its own order books. Just under a year ago the firm’s chairman Mike McTighe stepped down, following in the footsteps of CEO Ray Walsh after full year results in May 2013 showed how revenues had dropped to $473 million during the year, compared to $517 million twelve months earlier. Since then Volex’s shares have been on something of a rollercoaster ride, currently standing at around 96 pence compared a year high of 132 pence. Continue reading