FASTTAKES: Vodafone, Ericsson, Altai, MMV, Telegent

Staff writer
25 Nov 2009
00:00

Financial Express

reported

Ericsson will drop the Tandberg Television brand on January 25 after it completes its acquisition of the vendor.

Wi-Fi vendor Altai Technologies has developed a new integrated base station designed to reduce the strain on 3G networks by offloading traffic onto outdoor Wi-Fi networks. It is being deployed or trialed by all three Chinese carriers.

Mobile Money Ventures (MMV) and private software development company CPNI have joined forces to offer a mobile financial services platform for financial institutions.

The global mobile marketing and advertising market will grow at a CAGR of 43% to €8.7 billion ($13.01 billion) by 2014, when it will account for 11.7% of all digital ad spend, according to research from Berg Insight.

Mobile TV semiconductor developer Telegent Systems plans to raise up to $250 million in an IPO, and will list on the Nasdaq under the ticker code TLG.

Mobile phone prices fell by an average of 3% in Q3, with the average purchase price for phones in the US falling to $85, according to market research company NPD Group.

Opera has upgraded its Chinese browser, closing a backdoor which had allowed mainland Chinese users to visit websites blocked by government censors, the BBC reports.

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