& 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
    The more things change, the more they stay the same for Juniper's next-gen comms solutions, and that's a good thing.
    Flash Poll
    Live Streaming Video
    Charting the CSP's Future
    Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
    LRTV Interviews
    Rogers: Millennials Prefer Mobile Video

    7|1|16   |     |   (0) comments


    Rogers' Upinder Saini explains how millennial viewers favor mobile devices over big TVs and non-conventional TV content over broadcast and cable networks.
    LRTV Custom TV
    ZTE Pre5G & 5G Solutions

    6|30|16   |   02:23   |   (0) comments


    At 5G World London, ZTE demonstrated two types of equipment, including 128 antenna Pre5G Massive MIMO and 15GHz high-frequency base stations.
    LRTV Custom TV
    Energy 2020: Technology Innovation to Fuel Power Efficiency

    6|30|16   |   07:21   |   (0) comments


    Managing energy costs and consumption as cable operators deploy new services requires new levels of innovation from technology partners. In this video, Dave Fellows, co-founder and CTO of Layer3 TV and chief scientist of the SCTE/ISBE Energy 2020 program, discusses such ambitious objectives as achieving a second 500% increase in efficiency in outside plant ...
    LRTV Custom TV
    Transitioning to Service Agile Networks

    6|30|16   |     |   (0) comments


    Packet optical networks are transitioning from proprietary converged systems to open disaggregated platforms. This video will describe the Fujitsu 1FINITY disaggregated platform, explore how 1FINITY interoperates with the Fujitsu FLASHWAVE platform and explain how 1FINITY is designed for software control, like with Fujitsu Virtuora NC.
    Women in Comms Introduction Videos
    Nokia's Advancement Plan: Bring Old Skills to New Roles

    6|29|16   |   7:57   |   (1) comment


    Nokia's Sandy Motley advises women to change their mindsets; get aggressive about advancing their careers; develop strong, diverse support networks; and always bring forth learned skills to take on new challenges and different roles.
    Between the CEOs
    CEO Chat: Cisco's Yvette Kanouff

    6|28|16   |     |   (0) comments


    In Silicon Valley, Steve Saunders sits down with Cisco's Yvette Kanouff for an exclusive in-depth interview.
    LRTV Interviews
    Comcast: Prepping Next-Gen Video Services

    6|28|16   |     |   (0) comments


    In this LRTV interview, Comcast's Elad Nafshi outlines where MSO stands with cloud DVR, OTT video, college and gigabit services.
    LRTV Custom TV
    Energy 2020: Creating Unique Standards for Cable's Unique Networks

    6|28|16   |   09:30   |   (0) comments


    Cable's unique network requirements require a specific set of standards for operators to increase power efficiency, according to Dan Cooper, vice president of critical infrastructure for Charter Communications and chair of the SCTE/ISBE Standards Program's Energy Management Subcommittee, and Ian Oliver, managing director of the Trenchant Group and a member of the ...
    LRTV Custom TV
    Masergy: 'Now Is the Time for NFV'

    6|28|16   |     |   (0) comments


    Hear Ray Watson, VP of Global Technology at Masergy, talk about the advantages that enterprises can leverage using Network Function Virtualization (NFV), and how Masergy takes a unique approach to solving customers' problems. For more information on Masergy, please visit www.masergy.com.
    LRTV Custom TV
    Masergy Leads the Charge With NFV Capabilities

    6|28|16   |     |   (0) comments


    Hear Tim Naramore, CTO at Masergy, talk about how focusing on solving specific customer challenges, providing self-service automation tools and being laser focused on the customer experience has enabled Masergy to be a leader in the NFV space. For more information on Masergy, please visit www.masergy.com.
    LRTV Custom TV
    Private Company of the Year - Affirmed Networks

    6|27|16   |     |   (0) comments


    At BCE 2016, Steve Saunders speaks to Hassan Ahmed about Affirmed's success.
    LRTV Custom TV
    Energy 2020: Growing Services, Not Consumption

    6|24|16   |   07:18   |   (0) comments


    Management of power requirements needs to be a key consideration as cable operators deploy new services, says Dan Cooper, vice president of critical infrastructure for Charter Communications and chair of the SCTE/ISBE Standards Program's Energy Management Subcommittee. In this video, Cooper discusses the importance of cable operators and technology partners ...
    Upcoming Live Events
    September 13-14, 2016, The Curtis Hotel, Denver, CO
    November 3, 2016, The Montcalm Marble Arch, London
    November 30, 2016, The Westin Times Square, New York City
    December 6-8, 2016,
    May 16-17, 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
    Brexit: It's Hard to See an Upside
    Ray Le Maistre, Editor-in-chief, 6/29/2016
    Qualcomm Readies Lower-Band 5G Testbed
    Dan Jones, Mobile Editor, 6/27/2016
    DT Eyes FTTH Solution to German Opex Issue
    Iain Morris, News Editor, 6/29/2016
    Sigfox Said to Face Customer Backlash
    Iain Morris, News Editor, 6/27/2016
    Disney Deals $3.5B for MLBAM Stake – Report
    Mari Silbey, Senior Editor, Cable/Video, 7/1/2016
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    In Silicon Valley, Steve Saunders sits down with Cisco's Yvette Kanouff for an exclusive in-depth interview.
    At the BCE 2016 show in Austin, ECI Telecom CEO Darryl Edwards tells Light Reading founder and CEO about the Elastic Network concept and the company's NFV and cybersecurity developments.
    Animals with Phones
    Live Digital Audio

    Our world has evolved through innovation from the Industrial Revolution of the 1740s to the information age, and it is now entering the Fourth Industrial Revolution, driven by technology. Technology is driving a paradigm shift in the way digital solutions deliver a connected world, changing the way we live, communicate and provide solutions. It can have a powerful impact on how we tackle some of the world’s most pressing problems. In this radio show, Caroline Dowling, President of Communications Infrastructure & Enterprise Computing at Flex, will join Women in Comms Director Sarah Thomas to discuss the impact technology has on society and how it can be a game-changer across the globe; improving lives and creating a smarter world. Dowling, a Cork, Ireland, native and graduate of Harvard Business School's Advanced Management Program, will also discuss her experience managing an international team focused on innovation in an age of high-speed change.