Ahead of the anticipated launch of a Facebook-branded smartphone on Thursday, one industry analyst has warned of the increasing disruption that the social network could bring to the mobile communications industry. In a research note issued Tuesday, Strand Consult said that “companies such as Facebook are rendering mobile operators into dumb pipes [and] all smartphones into dumb terminals.”
Don’t take this the wrong way but the Informer is sure some of the regular readers of AWIW are familiar with Peter Molyneux. As a youngster the Informer whiled away many hours himself on games such as Populous, Dungeon Keeper, Black & White and Fable, all of which were brainchildren of Molyneux.
Social networking site Facebook has seen a rise in revenue and profit year on year in the first quarter of 2013. The firm revealed that mobile advertising revenue represented 30 per cent of all advertising revenue for the quarter compared with 23 per cent in 4Q12.
Facebook’s partnership with 18 mobile operators in 14 countries in a promotion to provide free or discounted access to Facebook Messenger for Android and iOS, and Facebook for Every Phone, has the potential to deliver benefits to both the operators and to Facebook. Both parties will likely be able to use the promotion to boost customer acquisition and retention, and also to increase their revenue from mobile data and mobile advertising, respectively.
At midnight tonight the world’s biggest party will kick off, as more than one billion Chinese people take to the streets to celebrate the Chinese New Year. 2013 is the year of the water snake which is a totem that symbolises wisdom. It’s also the year that Telecoms.com tapped into the industry’s wisdom for its first annual industry survey and gathered almost 2,000 responses.
What was striking about the results is just how much the responses from operator personnel (600 individuals from 260 separate opcos) matched those of their peers across the wider industry, even when looking at contentious issues like roaming and regulation. Does this mean the industry has aligned in the face of threat from external players? After all, the snake is an adaptable creature renowned for its ability to sneak into other environments.
Facebook is well on-track to generate revenues of over $1bn from mobile advertising in 2013. Looking at the company’s financial performance for the last two quarters, Informa Telecoms & Media predicts that Facebook alone could take around ten per cent share of the global mobile advertising revenues in 2013. The global mobile advertising market is forecast to generate revenues of $12.8bn in 2013, according to the latest research published by Informa Telecoms & Media.
Nicola D’Elia, Growth Manager Africa, Facebook, talks to telecoms.com at AfricaCom 2012 about growing the social network’s presence in Africa.
An organisation founded in 2010 to define the future of Linux on low power mobile chips from ARM has won support from social networking giant Facebook.
Social networking site Facebook has posted a $59m net loss for 3Q12, which it has attributed to high taxation. The loss was made despite revenue increasing by 32 per cent year on year from $954m to $1.26bn, as the firm stepped up its efforts in mobile advertising.
Italian carrier Wind this week introduced a Facebook application that enables its prepay customers to top up their credit directly through the social networking platform.
Social networking giant Facebook this week opened its first engineering centre outside of the US. A team of around 20 employees will be based in Facebook’s Covent Garden office in London, which to date has only housed advertising, sales, support and public affairs staff.
Concerns about Facebook’s ability to monetize its growing mobile traffic have resurfaced following its first earnings report since its IPO in May. The social media giant posted a 2Q12 loss of $157m, sending its stock price tumbling to $24 a share – which means its shares are now trading at two-thirds of the value they sold for during the IPO.
Concerns about Facebook’s ability to monetize its growing mobile traffic have resurfaced following its first earnings report since its IPO in May. The social media giant yesterday posted a 2Q12 loss of $157m, sending its stock price tumbling to $24 a share – which means its shares are now trading at two-thirds of the value they sold for during the IPO.
The industry’s big names are continuing to post their quarterly earnings this week, and American operators Sprint and America Movil, as well as Middle Eastern operator group Etisalat, shared somewhat encouraging results. Meanwhile, Samsung recorded its best ever profit for a quarter but Facebook had bad news in its first ever earnings statement.
Facebook has launched a photo-sharing app just weeks after agreeing to acquire Instagram, while Google–owned YouTube has introduced an app which enables users to take photos at events when they are not physically there.