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RIM co-CEOs step down

RIM has appointed a new CEO after increasing shareholder pressure and a poor financial performance in 2011. Thorsten Heins will take over as president and CEO, with former co-CEOs Mike Lazaridis and Jim Balsillie stepping down. Lazaridis will become vice chair of RIM’s board and chair of its new Innovation Committee and Balsillie will remain a member of the Board.
24 Jan 2012 | Northstream
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MasterCard seeks partnership with Swedish m-payments JV

4T plans to launch later this year; insists services like Google Wallet will not hurt premium SMS revenues.

4T, the mobile payment joint venture established by Sweden's mobile network operators Telia, Tele2, Telenor and 3, presented its strategy at an industry event in Stockholm on Wednesday.
19 Jan 2012 | Northstream
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Three should not be crowded out of the 4G spectrum

It is in consumers' interests that Three emerges from this year's 4G auction on a more equal footing with its rivals.

The blockbuster acquisition by AT&T of Deutsche Telekom's T-Mobile network in the United States may have collapsed, rejected by regulators nervous of price inflation were the number of national networks to have fallen from four to three, but European deal makers are undeterred.
17 Jan 2012 | Northstream
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Report: Spectrum Fragmentation Will Result in Costlier LTE Smartphones

The plethora of spectrum bands used for LTE (Long-Term Evolution) will result in more expensive devices, and also make the ability to roam globally using the technology less likely, according to industry organisation GSM Association's research arm Wireless Intelligence.
16 Dec 2011 | Northstream
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Disjointed European states create hole in mobile telecom industry

Europe lags behind the rest of the world for advanced mobile services – a matter not helped by the failure to speed up the licensing of the 4G spectrum.

14 Dec 2011 | Northstream | 0 Comments
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