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Eurobites: Elisa, Huawei Claim 4G Breakthrough

Paul Rainford

Also in today's EMEA regional roundup: Tele2 ups its IoT game with Kombridge acquisition; MegaFon teams up with Mastercard for mobile payment card; Deutsche Telekom adds Qivicon partners.

  • Finland's Elisa Corp. is claiming a world data speed record after achieving 1.9 Gbit/s on its 4G test network using equipment provided by Huawei Technologies Co. Ltd. The operator reckons that such speeds will be needed when the likes of virtual reality and 360-degree video enter the mainstream. Elisa boasts 2.3 million customers across the consumer, corporate and public sector sectors.

  • Sweden-based Tele2 AB (Nasdaq: TLTO) is to bolster its security credentials in the Internet of Things (IoT) sphere with the acquisition of Kombridge, which has been offering security services, connected device management and application management for IoT services since 2010. Kombridge's six employees will transfer over to Tele2 as part of the deal. Financial details have not been disclosed.

  • Russian operator MegaFon has launched a bank card that allows its customers to pay for things using money in their mobile phone account balance anywhere that accepts Mastercard. Initially it will only be available to customers in Moscow and the surrounding area but eventually it will be rolled out nationwide. Interestingly, customers who sign up for the card will earn 8% per annum interest on their mobile account balance, which seems like a pretty good deal in these straitened times.

  • Deutsche Telekom AG (NYSE: DT) has announced two new partner companies for its Qivicon smart home platform, E Wie Einfach and Bitron Video, both of which are manufacturers of smart home devices. After a slow start, the German incumbent now claims to have struck Qivicon partnerships with more than 40 companies. (See KPN Is DT Qivicon Partner in Netherlands and Is DT's Qivicon in a Quagmire?)

  • The CEO of Vodafone Turkey , Gokhan Ogut, is stepping down, Broadband TV News reports, citing Hurriyet. Ogut, who has been with the operator for seven years, will be replaced by Colman Deegan, currently Vodafone Italy's CFO.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

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    User Rank: Light Sabre
    8/25/2016 | 2:33:38 AM
    Re: Megafon - one step closer to being a bank...
    Sounds weird, though.

    We used to hear a lot about using smartphones instead of cards (remember?) -- now this is reversed to yet another card? Why would I want that?

    [email protected],
    User Rank: Blogger
    8/23/2016 | 8:54:17 AM
    Megafon - one step closer to being a bank...
    That's an intersting angle Megafon is taking with regards to mobile finance + carrier billing - it is one step closer to being a bank.

    THis looks like it's giong to be a trend - Orange has already acquired a bank...

    Orange Seals Bank Acquisition Deal

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