Light Reading

Euronews: O2 UK Shuts Its Mobile Wallet

Paul Rainford
1/10/2014
50%
50%
Repost This

Also in today's EMEA regional roundup: 4G's flying in France; Telkom wields the jobs axe; smartphones, tablets boost online shopping.

  • Telefónica UK Ltd. (O2) is to close its "mobile wallet" smartphone-based payments system, from March 31. O2 was one of the first to enter the mobile wallet fray when it launched the service 18 months ago in combination with Visa and others, but, as it says in a statement on its website, "Since then lots has changed for us, the market and our customers. So, we've decided to close the O2 Wallet to give us time to look into new and better ways to help people manage their money on the move, both in the UK and abroad." (See O2 Names Mobile Wallet Partners.)

  • 4G whizz! Earlier this week UK operator EE announced that it had surpassed the 2 million mark in terms of 4G customers, and now, according to a Reuters report, it seems the French are mad for 4G too, with Orange (NYSE: FTE), SFR , and Bouygues Telecom all claiming to have 1 million punters signed up to their respective 4G services. Cut-price rival Free Mobile , however, remained coy about its 4G numbers. (See Euronews: EE Hits 2M Mark With 4G, Free Disrupts French Mobile Market.)

  • South Africa's Telkom SA Ltd. (NYSE/Johannesburg: TKG) is planning to fire up to 1,000 managers and an unspecified number of lower-level workers as part of cost-cutting measures instigated by CEO Sipho Maseko, reports Bloomberg. Apparently, free bottled water and Christmas parties for employees are also on the kill list.

  • The growing influence of smartphones and tablets has been clearly demonstrated in figures produced by the British Retail Consortium, which found a year-on-year 19.2% increase in December online shopping purchases in the UK, reports the BBC. Considering this Interweb shopping thing has been around for some time now, that's a heck of a rise.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (6)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View
    Phil_Britt
    50%
    50%
    Phil_Britt,
    User Rank: Light Beer
    1/10/2014 | 10:59:48 AM
    Re: Sign of things to come?
    One of the mobile payments analysts I talked to recently called Isis DOA. That could be a little drastic. I would think Isis would try to find a partner (MCX?) before scrapping the idea altogether.
    SarahReedy
    50%
    50%
    SarahReedy,
    User Rank: Blogger
    1/10/2014 | 10:55:41 AM
    Re: Sign of things to come?
    That was my first thought too. I won't be surprised on the day we hear Isis is shutting down or drastically changing its strategy.
    SarahReedy
    50%
    50%
    SarahReedy,
    User Rank: Blogger
    1/10/2014 | 10:54:49 AM
    Re: Empty wallet
    This wasn't a Telefonica Digital initiative, was it? Its whole MO is to test things out and not be overly attached to their success, but O2 doesn't operate that way as much. I'm not surprised people don't want a wallet from their operator, but it's too bad as this was heralded as an early example of an operator doing it well.
    Phil_Britt
    50%
    50%
    Phil_Britt,
    User Rank: Light Beer
    1/10/2014 | 10:39:04 AM
    Sign of things to come?
    Interesting that Telefonica shut its mobile wallet. Wonder if this forecasts some future problems for the ISIS venture in the U.S. I've talked to a few financial services analysts who don't expect ISIS to survive long-term because they see issues with its business model and security.
    mendyk
    50%
    50%
    mendyk,
    User Rank: Light Sabre
    1/10/2014 | 10:00:45 AM
    Empty wallet
    Is there a life lesson for network operators in Telefonica O2's decision to scrap the digital wallet program?
    PaulERainford
    50%
    50%
    PaulERainford,
    User Rank: Light Sabre
    1/10/2014 | 9:10:21 AM
    Tablets go shopping
    Just as a side comment to the above, the same British Retail Consortium figures found that overall UK retail sales only rose 0.4% year-on-year in December - which serves to underline the huge impact smartphone/tablet-driven online shopping is making.
    Flash Poll
    LRTV Documentaries
    Cable Eyes Big Technology Shifts

    4|16|14   |   03:02   |   (4) comments


    US cable engineers are facing a lot of heavy lifting in the coming years, notes Light Reading Cable/Video Practice Leader Alan Breznick.
    LRTV Custom TV
    Maximizing Customer Experience & Assuring Service Delivery in an IP World

    4|15|14   |   4:57   |   (0) comments


    Steven Shalita, VP of Marketing, NetScout Systems, Inc., discusses the challenges cable/MSO operators face in assuring the delivery of new IP-based services. Key points include the value of proactively managing performance, and using rich analytics and operational intelligence to better understand service and usage trends, make smarter business decisions and ...
    LRTV Documentaries
    Bye-Bye DVD: Consumers Embrace Digital Video

    4|10|14   |   04:17   |   (7) comments


    Veteran video analyst Colin Dixon, founder and principal analyst of nScreenMedia, says research shows 56% are using digital video already.
    LRTV Documentaries
    Video: TW Cable Puts Multicast Gateways to the Test

    4|8|14   |   04:13   |   (1) comment


    Tom Gonder, a chief architect at Time Warner Cable, explains how its trial of multicast gateways is impacting IP-based video plans.
    LRTV Custom TV
    Managing & Monetizing Big Data in Operator Environments

    4|7|14   |     |   (1) comment


    At Mobile World Congress, Gigamon's Director of Service Provider Solutions, Andy Huckridge, and Heavy Reading Analyst Sarah Wallace discuss the 'big data' issues facing carriers and operators today.
    LRTV Huawei Video Resource Center
    Data Center Energy – Build Your Data Center in a Modular Way

    4|7|14   |   2:13   |   (0) comments


    Dr. Fang Liangzhou, VP Network Energy Product Line, shared his thoughts about the challenges for data centers during CeBIT 2014.
    LRTV Huawei Video Resource Center
    Agile Network Solution – An Overview of Huawei's Agile Network Solution

    4|7|14   |   2:31   |   (0) comments


    Ajay Gupta, Director of Product Marketing, Networking Product Line, gives an overview of the Agile Network Solutions during CeBIT 2014.
    LRTV Huawei Video Resource Center
    Huawei’s eLTE Voice Trunking, Video and Data Applied for Railways

    4|7|14   |   1:38   |   (0) comments


    Gottfried Winter is the Sales Director at Funkwerk, a German specialist in GSM-r terminals and a long-time partner of Huawei. At CeBIT 2014, Winter talks to Light Reading about this partnership and the integration of enhanced voice trunking, video and data functions.
    LRTV Huawei Video Resource Center
    LeaseWeb Speaks Highly of Huawei's Datacenter Products

    4|7|14   |   1:37   |   (0) comments


    Rene Olde Olthof, Operations Director LeaseWeb, talks about the next data center transformation during CeBIT 2014.
    LRTV Documentaries
    Comcast: Reshaping the Cable Network Architecture

    4|3|14   |   07:11   |   (8) comments


    Shamim Akhtar, Comcast's architect and senior director of network strategy, explains why the cable company is moving to a more distributed network architecture.
    LRTV Custom TV
    VMware CEO Pat Gelsinger at Mobile World Congress

    4|1|14   |   3:41   |   (0) comments


    VMware CEO Pat Gelsinger speaks to Heavy Reading about the value of virtualization spanning from the data center to service provider networks to mobile devices.
    LRTV Huawei Video Resource Center
    Analysts' Impressions of Huawei SoftCOM at ONS 2014

    4|1|14   |   1:11   |   (0) comments


    After visiting the Huawei booth at ONS, Lee Doyle of Doyle Research gives his appraisal of Huawei's SoftCOM solution.
    Hot Topics
    BlackBerry Invests in Healthcare IT Startup
    Sarah Reedy, Senior Editor, 4/15/2014
    Volvo: AT&T HSPA+ Can Drive My Car
    Sarah Reedy, Senior Editor, 4/16/2014
    T-Mobile Petitions Operators to Kill Overages
    Sarah Reedy, Senior Editor, 4/14/2014
    Cisco & VMware Are Apple & Google of SDN
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 4/14/2014
    Mobile Apps Susceptible to Heartbleed, Too
    Sarah Reedy, Senior Editor, 4/14/2014
    Like Us on Facebook
    Twitter Feed