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Eurobites: Spain's Jazztel Tunes In to Yoigo

Also in today's EMEA regional roundup: Apple Pay heading for Europe; CEO investigated for insider trading; Huawei lands managed services deal with MTN.

Paul Rainford

September 11, 2014

2 Min Read
Eurobites: Spain's Jazztel Tunes In to Yoigo

Also in today's EMEA regional roundup: Apple Pay heading for Europe; CEO investigated for insider trading; Huawei lands managed services deal with MTN.

  • Spanish triple-play operator Jazztel plc is in talks over the possible acquisition of Telia Company 's Yoigo mobile services operation, reports Reuters. Only last week news emerged that Orange (NYSE: FTE) was interested in buying one or both of these two Spanish rivals. (See Eurobites: Orange Eyes Spanish Acquisitions.)

    • Visa Europe has revealed that it is in talks with Apple Inc. (Nasdaq: AAPL) and its member banks to bring the vendor's new NFC-based mobile payment service, Apple Pay, to European markets, reports the Financial Times (subscription required). NFC-based, or "contactless," cards have gained greater traction on the European side of the Atlantic, and now account for around a fifth of all payment cards.

    • The CEO of Fingerprints Cards, the Swedish vendor of biometric sensors for smartphones, is under investigation for insider trading, reports Bloomberg. Johan Carlstroem and a former board member are helping the Swedish Economic Crime Authority with its enquiries. Fingerprints Cards recently landed a deal with Huawei Technologies Co. Ltd. , which has included a biometric sensor in its new Ascend Mate 7 smartphone.

    • And talking of Huawei, the Chinese giant has landed a managed services deal with South Africa's MTN Group Ltd. , covering the group's units in all of the six countries in which it operates. The contract runs for five years, and covers managed network operations, network performance management and spare parts management. Financial details of the deal were not disclosed.

    • Here's another way for an operator to offer mobile banking services: just open your own online bank! That's what Norway's Telenor Group (Nasdaq: TELN) has done in Serbia, with the launch of Telenor banka. Around 80% of transactions in Serbia are still carried out using cash, so Telenor is hoping to turn more Serbs onto the joy of mobile banking instead.

      — Paul Rainford, Assistant Editor, Europe, Light Reading

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About the Author(s)

Paul Rainford

Assistant Editor, Europe, Light Reading

Paul is based on the Isle of Wight, a rocky outcrop off the English coast that is home only to a colony of technology journalists and several thousand puffins.

He has worked as a writer and copy editor since the age of William Caxton, covering the design industry, D-list celebs, tourism and much, much more.

During the noughties Paul took time out from his page proofs and marker pens to run a small hotel with his other half in the wilds of Exmoor. There he developed a range of skills including carrying cooked breakfasts, lying to unwanted guests and stopping leaks with old towels.

Now back, slightly befuddled, in the world of online journalism, Paul is thoroughly engaged with the modern world, regularly firing up his VHS video recorder and accidentally sending text messages to strangers using a chipped Nokia feature phone.

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