business newsTech News: Orange Reveals Handsets for 4G LTE Service
By
Jonah Loeb Sep 11, 2012 11:40 am
Also, Yahoo Japan buys a bunch of startups and Intel's been watching "The Matrix."
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This column highlights the most interesting and useful business and financial commentary about the tech sector from around the Web each day.
TechCrunch
Link: UK's First 4G LTE Service, EE, Will Feature New Nokia, Samsung, HTC, Huawei Devices
“Today Everything Everywhere, the joint venture between Orange (FTE) and T-Mobile UK, unveiled some more details about its new 4G network — the first commercial LTE service for the UK market. It will initially cover 20 million people, or 30% of the population of the country, with the aim for that to extend to 98% by the end of 2014. It also noted that it will be launching a new fiber broadband service initially to cover 11 million people.
“In a presentation in London today, company noted that it will be putting a lot of marketing muscle behind EE, including converting an existing 700 Orange and T-Mobile stores to EE shops, and today it also revealed the first new handsets for the service. Among them is an exclusive for the new Lumia 920, one of the new devices unveiled by Nokia (NOK) and Microsoft (MSFT) last week, built on the Windows Phone 8 operating system.
“They will include the Samsung (SSNLF) Galaxy SIII LTE; the new Nokia Lumia 920; the smaller Nokia Lumia 820; the HTC One XL; Huawei Ascend P1 LTE ; Huawei E589 Mobile WiFi; and the Huawei E392 Mobile Broadband stick.”
The Next Web
Link: Yahoo Japan Pays $12.8 Million for Mobile Content Startup Community Factory
“Yahoo Japan (4689), the Yahoo Inc. (YHOO) subsidiary, has furthered its mobile ambitions after it announced the $12.8 million (1 billion yen) acquisition of Tokyo-based mobile content firm Community Factory, as Japanese tech blog Asiajin reports.
“The deal is a rare example of a big company acquisition in the country, as Asiajin notes, and, for its investment, Yahoo Japan will get its hands on Instagram-like Decopic, which boasts 7 million iOS (AAPL) and Android (GOOG) users, 6 million user strong Mixi client Kentei and more.
“Home-grown Facebook (FB) rival Mixi (2121) is the largest Community Factory investor, by virtue of the 40 percent that its Mixi Fund — set up to promote and encourage Web startups in Japan — holds.”
TechCrunch
Link: UK's First 4G LTE Service, EE, Will Feature New Nokia, Samsung, HTC, Huawei Devices
“Today Everything Everywhere, the joint venture between Orange (FTE) and T-Mobile UK, unveiled some more details about its new 4G network — the first commercial LTE service for the UK market. It will initially cover 20 million people, or 30% of the population of the country, with the aim for that to extend to 98% by the end of 2014. It also noted that it will be launching a new fiber broadband service initially to cover 11 million people.
“In a presentation in London today, company noted that it will be putting a lot of marketing muscle behind EE, including converting an existing 700 Orange and T-Mobile stores to EE shops, and today it also revealed the first new handsets for the service. Among them is an exclusive for the new Lumia 920, one of the new devices unveiled by Nokia (NOK) and Microsoft (MSFT) last week, built on the Windows Phone 8 operating system.
“They will include the Samsung (SSNLF) Galaxy SIII LTE; the new Nokia Lumia 920; the smaller Nokia Lumia 820; the HTC One XL; Huawei Ascend P1 LTE ; Huawei E589 Mobile WiFi; and the Huawei E392 Mobile Broadband stick.”
The Next Web
Link: Yahoo Japan Pays $12.8 Million for Mobile Content Startup Community Factory
“Yahoo Japan (4689), the Yahoo Inc. (YHOO) subsidiary, has furthered its mobile ambitions after it announced the $12.8 million (1 billion yen) acquisition of Tokyo-based mobile content firm Community Factory, as Japanese tech blog Asiajin reports.
“The deal is a rare example of a big company acquisition in the country, as Asiajin notes, and, for its investment, Yahoo Japan will get its hands on Instagram-like Decopic, which boasts 7 million iOS (AAPL) and Android (GOOG) users, 6 million user strong Mixi client Kentei and more.
“Home-grown Facebook (FB) rival Mixi (2121) is the largest Community Factory investor, by virtue of the 40 percent that its Mixi Fund — set up to promote and encourage Web startups in Japan — holds.”
No positions in stocks mentioned.
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