Mobile Communications International June 2009
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Ericsson offloads Sony Ericsson stake to Sony
The owners of handset joint venture Sony Ericsson are to part company, with Japanese electronics firm Sony acquiring the 50 per cent share of the JV held by Sweden’s Ericsson for €1.05bn. The announcement comes ten years after the formation of Sony Ericsson, which saw two struggling handset units combined in the hope of marrying Sony’s consumer electronics expertise and Ericsson’s telecoms experience.
Ericsson launches own in-app payment service
Swedish vendor Ericsson has launched an in-application payment service targeted at operators that want to allow consumers to complete purchases without having to leave a game or application. Consumers will be able to buy goods and services with just one click, whilst remaining in the app.
“Today’s networks are not up to it” says Ericsson’s Wibergh
Current networks are not up to the challenge of meeting the demands for broadband and will need to be replaced Johan Wibergh, executive vice president and head of business unit networks at Ericsson has said.
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