3 February

Vodafone boosted by sterling weakness

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Vodafone became a prominent beneficiary of the pound’s recent decline on Tuesday after saying profits this year would be higher than previously thought once overseas earnings were translated back into the weak UK currency. Vittorio Colao, chief executive of the mobile phone operator, said he was on track to achieve the strategy outlined in November,

22 January

Nokia reports sharp fall in profits

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Nokia, the world’s largest maker of mobile phones, said profits dropped sharply in 2008 and predicted the tough times would continue this year. The Finnish company said operating profit for the year dropped from €7.98bn in 2007 to €4.96bn ($6.4bn) last year, while its closely watched operating margin fell from 15.6 per cent in 2007

19 January

Mobile Payments Getting Traction On Social Networks, But Fees Are Sky High

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Users are increasingly choosing dead simple SMS mobile payments for micro-transactions on social network applications and gaming sites (it fills the void while they wait for more direct options), but super-high transaction fees are limiting growth. The problem is that legacy transactions – specifically scams that give users a “free” ring tone with the fine

13 January

Netlog releases GPS-enabled iPhone app for its 33 million users

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European Myspace competitor Netlog, which has over 33 million users, has released its native iPhone app. Users can get a feed of friends updates, see pictures, upload content and add pictures. Unusually, it is also GPS-enabled, something Facebook has so far steered clear of. It’s TechCrunch’s general view that if Facebook added true, location-based mobile

12 January

Microsoft Adds Mobile Ad Inventory Through Partnership With Quattro Wireless

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First, Microsoft wins a mobile search and advertising deal that enables them to be the exclusive provider on Verizon Wireless’s entire mobile network, and now it is bulking up on inventory and ad-serving technologies. Quattro Wireless, a Waltham, Mass-based mobile ad network, has entered a strategic relationship with Microsoft Advertising to help advertisers and agencies