& cplSiteName &

Euronews: O2 UK Shuts Its Mobile Wallet

Paul Rainford
1/10/2014
50%
50%

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        ADD A COMMENT
    Phil_Britt
    50%
    50%
    Phil_Britt,
    User Rank: Light Sabre
    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.
    Sarah Thomas
    50%
    50%
    Sarah Thomas,
    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.
    Sarah Thomas
    50%
    50%
    Sarah Thomas,
    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 Sabre
    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.
    From The Founder
    Download our complete guide to de-risking NFV deployment in 2016, including:
  • An eight-step strategy to deploying NFV safely, based on input from the companies that have already started virtualizing their production networks.
  • Interviews with leading executives at Colt, AT&T, Deutsche Telekom, Cisco, Nokia, ZTE, Ericsson and Heavy Reading.
  • Flash Poll
    Live Streaming Video
    Prepping for the Future: Upskill U Explained
    During this short kick-off video, Doug Webster, Vice President of Service Provider Marketing, Cisco, and Light Reading’s CEO & Founder Steve Saunders give an overview of Upskill U.
    Telecom Innovators Video Showcase
    Atrinet's NetACE – Migration to NFV & SDN With NetOps-Driven LSO

    5|4|16   |     |   (0) comments


    At Atrinet's headquarters, Ray Le Maistre sits down with Roy Silon to get an in-depth look into the company's focus and the secret recipe for their success.
    LRTV Huawei Video Resource Center
    Amsterdam ArenA, Powered by Huawei

    5|4|16   |     |   (0) comments


    Huawei's ICT solutions power the state-of-the-art Amsterdam ArenA, turning it into a smart stadium.
    LRTV Interviews
    Testing When There's No 'There' There

    5|4|16   |     |   (0) comments


    The benefits of SDN/NFV are well known, but the transition comes with some challenges, prominent among them is: how do you test a network that has been abstracted and has the potential to be endlessly reconfigurable? Light Reading was at NFV World Congress in Santa Clara, Calif., where we bumped into Mats Nordlund, CEO and co-founder of Netrounds, a Swedish ...
    LRTV Interviews
    Ditching the Slash & the Orchestration Wars

    5|3|16   |     |   (2) comments


    SDN and NFV have been inextricably bound with each other for so long that on a conceptual level, smooshing them together into one catch-all phrase – SDNFV – is now justifiable, according to Dan Pitt, executive director of the Open Networking Foundation (ONF). Light Reading spoke to Pitt at the NFV World Congress, where he explained that the next ...
    LRTV Custom TV
    ZTE TV Connect Highlights

    5|3|16   |     |   (0) comments


    ZTE gives us a tour of its booth and new products at TV Connect in London.
    LRTV Custom TV
    Deluxe's Unified Delivery Solution

    5|3|16   |     |   (0) comments


    Join Alan Breznick of Light Reading and visit the Deluxe booth at NAB! Here you'll find Deluxe's Unified Delivery Solution, OTT video, virtual reality, HDR, 4K and much more!
    LRTV Interviews
    Verizon Puts Gray Boxes in the Shade

    5|2|16   |   04:33   |   (1) comment


    When it comes to the white box trend, "gray" boxes, which have a slight proprietary twist, don't give service providers and end users the advantages they're seeking, according to Verizon's Vice President of Product and New Business Innovation Shawn Hakl.
    LRTV Custom TV
    Dealing With a Disrupted Video Market

    5|2|16   |     |   (0) comments


    Ericsson's Simon Frost discusses how traditional pay-TV providers can cope with the big changes wrought by the rise of OTT video and IP technology.
    LRTV Custom TV
    The VNF Responsibility of Red Hat

    5|2|16   |     |   (0) comments


    At MWC, Caroline Chappell of Heavy Reading visits the Red Hat booth and sits down with Chris Wright to talk about the responsibility the VNF needs to take on in order to ensure the operators get the carrier-grade performance they expect for their network.
    LRTV Interviews
    AT&T Expert on the Key Pillars of UC

    4|29|16   |   03:58   |   (0) comments


    Vishy Gopalakrishnan, AVP of product marketing at AT&T, talks about the three developments that are making unified communications and collaboration secure and reliable for enterprise users.
    LRTV Documentaries
    LRTV Report: Mobile Core Innovation

    4|28|16   |   25:32   |   (0) comments


    Hear from multiple industry experts from Deutsche Telekom, SK Telecom, Heavy Reading, Huawei, Cisco, Ericsson, Nokia, NEC and many more about developments in the mobile core as operators virtualize their IMS and evolved packet core systems and prepare for a 5G world.
    LRTV Huawei Video Resource Center
    NFV World Congress Highlight

    4|26|16   |     |   (0) comments


    The highlight of the NFV World Congress contains exciting telecom news. Join us for an inside look at Huawei's ICT 2020 plan and its latest collaboration with industry leaders.
    Upcoming Live Events
    May 23, 2016, Austin, TX
    May 23, 2016, Austin Convention Center
    May 24-25, 2016, Austin Convention Center, Austin, TX
    September 13-14, 2016, The Curtis Hotel, Denver, CO
    December 6-8, 2016,
    June 16-18, 2017, Austin Convention Center, Austin, TX
    All Upcoming Live Events
    Infographics
    A new survey conducted by Heavy Reading and TM Forum shows that CSPs around the world see the move to digital operations as a necessary part of their overall virtualization strategies.
    Hot Topics
    WiCipedia: Woman Cards & Bitch Switches
    Sarah Thomas, Director, Women in Comms, 4/29/2016
    Amazon AWS Reports $2.6B Quarterly Revenue, Up a Colossal 64%
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 4/28/2016
    Sprint CEO: Our Spectrum Is for 5G
    Dan Jones, Mobile Editor, 5/3/2016
    Amazon & Other 'Big 4' Cloud Providers Crushing Competitors
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 4/29/2016
    FCC Poised to Re-Regulate Wholesale Access
    Carol Wilson, Editor-at-large, 4/28/2016
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    In this latest installment of the CEO Chat series, Craig Labovitz, co-founder and CEO of Deepfield, sits down with Light Reading's Steve Saunders in Light Reading's New York City office to discuss how Deepfield fits in with the big data trend and more.
    Grant van Rooyen, president and CEO of Cologix, sits down with Steve Saunders, founder and CEO of Light Reading, in the vendor's New Jersey facility to offer an inside look at the company's success story and discuss the importance of security in the telecom industry.
    Animals with Phones
    Sloth Mail Click Here
    Sloth mail -- somehow even slower than snail mail.
    Live Digital Audio

    Of all the tech companies in the Valley, Intel has made the most aggressive commitment to building a diverse and inclusive workplace culture. It's doing so by taking concrete, measurable steps, making a large financial investment and through a commitment to complete transparency about its progress. In this radio show, WiC Director Sarah Thomas will be joined by Shlomit Weiss, Intel's Vice President, Data Center Group, and General Manager of Networking Engineering, who will share with us why Intel is tackling this huge challenge, how and to what effect. She will also discuss her unique experiences leading development of Client SOC development in the past and today leading development of all of the chipmaker's silicon hardware for networking IPs and discrete devices and managing a team of 600 engineers across Israel, Europe and the US.