Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: MmO2


Related Topics
3i
GSM

In the News (Wed 9 Jul 08)

  
  MMO2   (Site not responding. Last check: 2007-10-08)
MMO2, the mobile phone company, is to expand its office at the Arlington Business Centre in Leeds, with the creation of 300 customer service jobs.
MMO2 has announced plans to shed 200 jobs as part of a reorganisation of its central operations, which will affect staff in Hammersmith and Slough.
MMO2 is to shed 1,900 jobs in its UK and German mobile phone operations, which will affect administrative staff in Leeds and Slough and include the closure of 133 of its 320 UK retail outlets.
www.ukbusinesspark.co.uk /mmo2aaaa.htm   (147 words)

  
 O2 plc - Wikipedia, the free encyclopedia
mmO2 was created when BT Group demerged its mobile phone business as part of BT's plan to strengthen its financial position following over-expansion in the 1990s.
During March 2005, the company underwent a corporate reorganisation, that saw mmO2 plc being delisted from the London Stock Exchange and acquired (via a share swap) by a new company, O2 plc, which was listed on the LSE in its place.
The summer of 2005 saw the company under threat of crippling strike action by staff with CWU membership following disputes over pay and remuneration, though unrelated to earlier job losses as part of the reorganisation.
en.wikipedia.org /wiki/MmO2   (717 words)

  
 Guardian | MmO2 presents its 3G service
MmO2 made its move for a big slice of the market for games, texting and web surfing on mobile phones yesterday as it presented its consumer 3G service and plans to launch the next generation i-mode service later in the year.
MmO2 is looking for a potential content partner for a service that would include free and paid-for TV channels.
In the second half of this year, mmO2 plans to roll out i-mode, the internet-based content service that has been a huge success in Japan and has been launched in some European countries.
www.guardian.co.uk /print/0,3858,5114001-103676,00.html   (359 words)

  
 BBC News | BUSINESS | MMO2 mulls German exit   (Site not responding. Last check: 2007-10-08)
MMO2 is now a separate company from BT MMO2 - the mobile phone business spun off from British Telecom - is mulling whether to pull out of Germany and the Netherlands.
If MMO2 does decide to abandon its operations in Germany and the Netherlands, it will mean almost every overseas asset BT acquired since 1994 has been sold.
MMO2 began life as a separate company on 19 November and was a star of the London Stock Exchange during its first week.
news.bbc.co.uk /low/english/business/newsid_1675000/1675209.stm   (456 words)

  
 Mobile CommerceNet / UK's mmO2 selected Nokia to provide software for MMS   (Site not responding. Last check: 2007-10-08)
MmO2 PLC is attempting to revive interest in 3G and data services, announcing new handsets, services and pricing plans at a press briefing on Tuesday.
MmO2 launched its xda -- a combined phone and PDA -- on Monday in the U.K. and Germany, and plans to offer several MMS handsets from Nokia and Sony Ericsson, plus a camera phone from Sharp, in time for the Christmas market.
MmO2 will offer MMS devices including the Nokia 3510, 7650 and 6610, plus Sony Ericsson's T68i and Sharp's GX-1 camera phone in time for the Christmas buying period, he said.
www.mobile.commerce.net /story.php?story_id=1818   (448 words)

  
 Nokia - mmO2 announces plans to launch multimedia messaging services in the autumn - Press Releases - Press - About ...
mmO2 is set to launch a new range of multimedia messaging services (MMS) across of all its European territories from autumn 2002, it was announced today.
mmO2 is working with established media brands and innovative new media start-ups to attract a wide range of MMS content.
mmO2 was the first company in the world to launch and rollout a commercial GPRS (or 2.5G) network and has secured third generation mobile telephony ("3G") licences in the UK, the Netherlands, and Germany.
press.nokia.com /PR/200206/863681_5.html   (713 words)

  
 BBC NEWS | Business | Deadline looms for MMO2 investors   (Site not responding. Last check: 2007-10-08)
But MMO2 claims it has too many shareholders and the cost of paying a dividend would be prohibitive.
Firstly, MMO2 shareholders with their shares in a nominee account - an account held in the name of a stockbroker rather than an individual - were told they had to become a registered shareholder in order to take advantage of the offer.
MMO2 is using the share offer as an opportunity to drop the MM from the company's name and it will in future be known as O2.
news.bbc.co.uk /go/newsFeedXML/moreover/-/1/hi/business/4330697.stm   (503 words)

  
 MmO2 delays 3G launch - Dec. 5, 2001   (Site not responding. Last check: 2007-10-08)
MmO2, demerged from BT Group last month, operates in Britain, Germany, the Netherlands and the Republic of Ireland.
Mmo2 expects the first dual-mode handsets to start appearing on the Isle of Man in Spring of 2002, before hitting the market later in the year.
Erskine said the company was planning for 30 percent of its revenues to be derived from mobile data charges by 2004, compared with just over 10 percent currently.
money.cnn.com /2001/12/05/international/mmo2   (320 words)

  
 ITworld.com - MmO2 takes 'do it once' approach to four GPRS networks
Faced with the challenge of building high-speed mobile data networks in four countries, mobile phone operator mmO2 PLC of Uxbridge, England, is going to "do it once" to save money, the company announced Tuesday.
Roaming is seen as one of the keys to the success of the voice telephony service GSM (Global System for Mobile Communication), and the lack of it as one of the biggest obstacles to the development of mobile data services such as GPRS.
Building a single, core broadband network with one network management system will enable mmO2 to reduce expenditures across all its networks (GSM, GPRS and 3G) by 22 percent, a saving of €600 million (US$528 million) over five years, it said.
www.itworld.com /Net/2613/020416mm02/pfindex.html   (537 words)

  
 The Money Bag - MmO2 - KPN to go hostile ?   (Site not responding. Last check: 2007-10-08)
MmO2 is also thought to have questioned the cultural issues that would have arisen by bolting together the two companies.
MmO2, the sixth-largest European cellphone company with assets in Britain, Germany and Ireland, is valued at around $15.2 billion and is one of the hottest takeover targets in the industry -- mainly because analysts believe it is too small to survive on its own.
MmO2 shares closed on Friday at 91-3/4 pence, after hitting 95-1/8p on Wednesday, their highest level since December 2001, shortly after it was demerged from UK parent BT Group.
www.themoneybag.com /vb/showthread.php?t=32146   (2611 words)

  
 mmO2 plans 'super-fast' HSDPA service in 2005 - Telecom Asia   (Site not responding. Last check: 2007-10-08)
In the meantime, mmO2 will start next year by offering the new service on the Isle of Man, which is used by many companies as a “testbed” for new technologies.
Unlike competitors Vodafone, 3 and Orange, mmO2 has not yet launched 3G services in the UK or mainland Europe – but CEO Peter Erskine said the group is poised to offer 3G in 20 UK cities next year, saying he was continuing to adopt a wait-and-see policy for new technologies.
mmO2 said it is working with Nortel with a view to incorporating HSDPA into its business mobile telephony networks in the UK, Germany and Ireland.
www.telecomasia.net /telecomasia/article/articleDetail.jsp?id=140481   (252 words)

  
 BBC NEWS | Business | MMO2 offers small investor buyout   (Site not responding. Last check: 2007-10-08)
At the end of last year MMO2 had 1.04 million shareholders owning between 1 and 600 shares, representing 63% of shareholders by number but only 3.5% of issued share capital.
The firm said this was a legacy of the firm's demerger from BT in 2001, but that "the cost of servicing such a large number of shareholders is significant".
For each MMO2 share, it is offering the value of a new O2 share at close on their first day of trading, plus an extra 5 pence.
news.bbc.co.uk /1/hi/business/4167453.stm   (450 words)

  
 mmO2 Announces Key Partners to Create a Pan-European Mobile Data Highway
The announcement follows a six-month review by mmO2 of its network architecture and the suppliers it uses across all its territories, including the UK, Germany, Ireland and the Netherlands.
As a result, mmO2 will build a seamless pan-European broadband mobile data highway to support the development of advanced multimedia services and their rapid launch across mmO2's businesses simultaneously.
mmO2 will also be able provide a new range of `always on', fast, multimedia and location-based services such as m-commerce, gaming, music, advanced messaging with photos and video clips as well as intranet and corporate e-mail services for executives on the move.
www.wirelessdevnet.com /news/2002/107/news8.html   (1015 words)

  
 Forbes.com: WRAPUP 3-Mobile firm mmO2 soars as KPN sparks takeover talk   (Site not responding. Last check: 2007-10-08)
MmO2, which was spun off by Britain's dominant telecoms firm BT Group in November 2001, has about 20 million customers and has long been a takeover target, mainly because analysts believe it is too small to survive on its own.
MmO2 was a good way to go, but we've ceased talks," he told Reuters.
MmO2 said it had no update on Friday night's statement over ending talks with KPN, which have been on and off for years.
www.forbes.com /technology/newswire/2004/02/23/rtr1271652.html   (1144 words)

  
 mmO2 reborn as O2
Europe’s sixth-largest mobile phone company, which was delisted as mmO2 on Friday and re-listed as O2 on Monday, promptly raised about 375 million pounds in a share placing to fund its minority buy-out plan.
The reorganisation is designed to change O2’s legal status to allow it to pay its first dividend in August as well as streamlining a costly and fragmented shareholder base, which it inherited after demerging from former fixed-line parent BT Group in November 2001.
Under the arrangement, O2 has bought out mmO2 and is offering small investors -- who represent about 63 percent of shareholders but only 3.5 percent of share capital -- either new shares on a one-for-one basis or a cash alternative at 5p over the market price of the stock.
www.tiscali.co.uk /news/newswire.php/news/reuters/2005/03/14/business/mmo2rebornaso2.html&template=/money/feeds/story_template.html   (535 words)

  
 mmO2 launches Active mobile Net offering | The Register
With Active, mmO2 is bidding to compete with market leader Vodafone, which launched its own mobile Net service, Live, late last year and has already attracted over one million users.
Having written down its investment in 3G licences, mmO2 has effectively said it believes the multimedia and other non-voice services that cellphone users want can be delivered by today's technology.
mmO2 lost £10.2 billion last year - largely through asset writedowns - and will be looking to Active to form a platform for new, hi-tech revenue streams it can deliver as cheaply as possible.
www.theregister.co.uk /2003/05/30/mmo2_launches_active_mobile_net   (419 words)

  
 Guardian Unlimited | Special reports | MMO2 hangs up on Dutch suitor
But with KPN being largely reliant on its fixed-line telephone business in Holland and a ragged collection of mobile assets in Germany and the low countries, Mr Erskine and his team are understood to have decided that the approach was a thinly disguised attempted takeover, and rejected the approach.
Management at MMO2, which has been credited with a relatively impressive turnaround of the business over the past year, is thought to have questioned the cultural fit between the two companies.
Although MMO2 has rejected KPN's advances, news that negotiations were so far advanced is likely to trigger a wave of speculation about mergers and takeovers across the European telecommunications sector.
www.guardian.co.uk /mobile/article/0,2763,1153033,00.html   (730 words)

  
 CommsDesign - Mobile phones look for jolt from Java-based games   (Site not responding. Last check: 2007-10-08)
MMO2 will exploit Sun Microsystems' J2ME platform "to offer our customers dynamic and interactive content, with an arcade feel, which they can play over and over [on their Java-enabled handset] once they download it," said Steve Embling, product manager for games at MMO2.
MMO2 expects a range of Java-enabled devices including color screens to emerge during the pre-Christmas season this year.
MMO2 expects 3 percent of its 20 million subscribers to be playing Java-based games in the first couple of years, downloading about two games per month.
www.commsdesign.com /story/OEG20020829S0053   (924 words)

  
 CommentWire by Datamonitor - mmO2: termination consternation won't hit 3G launch   (Site not responding. Last check: 2007-10-08)
Oftel commissioned the Competition Commission review after concerns that the UK's mobile operators - mmO2, Vodafone, Orange and T-Mobile - were overcharging for calls made to their networks, driving up the cost of calling mobile phones from landlines and other networks.
If mmO2 and its competitors think a nationwide, heavily subsidized 3G launch will justify investment, they will launch on time, across the country, with cheap handset deals.
However, his comments are still interesting: mmO2 may be creating a convenient escape route for itself.
www.commentwire.com /commwire_story.asp?commentwire_ID=3594   (466 words)

  
 Expansión.com   (Site not responding. Last check: 2007-10-08)
A este precio, mmO2 se valora en 6.300 millones de libras (10.330 millones de euros, 1,71 billones de pesetas).
mmO2 tuvo unos ingresos de 1.100 millones de libras en el tercer trimestre de este año, lo que supone un 13% más que en el mismo periodo de hace un año.
Mientras mmO2 se estrenaba en bolsa, también BT iniciaba una nueva andadura en solitario como BT Group.
expansion.recoletos.es /edicion/noticia/0,2458,75012,00.html   (276 words)

  
 BBC NEWS | Business | MMO2 ready to launch 3G services   (Site not responding. Last check: 2007-10-08)
MMO2 has not rushed to launch 3G services, saying the market would remain small until early 2006.
MMO2 said its 3G network would initially cover 32% of the UK, rising to 50% by June, but gave no subscriber projections for the service.
In a trading update released on Thursday, MMO2 said average revenues per user rose by £1 to £283 in the UK during the last three months of 2004.
news.bbc.co.uk /1/hi/business/4213015.stm   (318 words)

  
 MmO2 revenues lift off with texting boost - ZDNet UK News   (Site not responding. Last check: 2007-10-08)
Mobile operator mmO2 has achieved significant increases in customer numbers, and a rise in the average amount that each user is spending on mobile services.
According to mmO2, this fall was due to the success of its voice business.
Data revenue is seen as a key measurement of the long-term health of a mobile operator's business, given the push to encourage customers to use their phone for lucrative data services rather than merely voice calls.
news.zdnet.co.uk /business/0,39020645,2137975,00.htm   (522 words)

  
 The Observer | Business | MMO2 set for German exit
British mobile phone operator MMO2 is ready to quit Germany and Holland in a bid to stem losses of hundreds of millions of pounds.
MMO2 received a boost on Friday when several brokers, including Deutsche Bank, put out buy notes on the company, boosting the shares to 91p.
The City is hopeful that MMO2, which operates Cellnet in the UK, will soon become a bid target for a European rival.
www.observer.co.uk /business/story/0,6903,605394,00.html   (357 words)

  
 CNN.com - KPN turns big profit, eyes mmO2 - Feb. 23, 2004
KPN said at the weekend it had not ruled out a hostile offer for mmO2 after on Friday it confirmed making a bid proposal which Europe's number six-mobile phone operator had rebuffed.
KPN did not say whether it had offered to bid for all of mmO2 or just its German unit, to build up the position of its own division in Europe's largest mobile market.
MmO2 according to (our) estimates already is overvalued,'' analyst Danny van Doesburg at F. van Lanschot said.
www.cnn.com /2004/BUSINESS/02/23/kpn.reut/index.html   (716 words)

  
 The Observer | Business | UK mobile giant seeks £7.5bn Dutch merger
A management team from mobile phone giant mmO2 has held exploratory talks with counterparts at Dutch telecom operator KPN to create a £7.5 billion pan-European wireless champion.
KPN is labouring under more than £10bn worth of debt while mmO2, headed by Peter Erskine, is relatively debt-free with only around £600m on its books, making the structure of any deal difficult to formulate.
MmO2, by contrast, has 18.5 million subscribers and is strong in the UK and Ireland and has greatly improved its postion in Germany.
www.observer.co.uk /business/story/0,6903,930348,00.html   (465 words)

  
 Unisys and mmO2 Team Up to Provide a New Range of Mobile Data Services with High-Speed Access
Unisys plans to combine its support and systems integration skills with mmO2 mobile data expertise and market-leading wireless software from Microsoft to create packaged services comprising long-term GPRS data and voice subscription contracts and new mobile data devices for its high-value business customers.
mmO2 was the first company in the world to launch and rollout a commercial GPRS (or 2.5G) network and has secured third generation mobile telephony ("3G") licenses in the UK, the Netherlands, and Germany.
mmO2 also expects to apply for a 3G license in Ireland, where the license competition was launched on 18 December 2001.
www.unisys.com /commercial/news_a_events/all__news/02208108.htm   (576 words)

  
 BITC - mmO2 Launches New Community Investment Programme   (Site not responding. Last check: 2007-10-08)
As a key element of the programme, mmO2 is now seeking submissions for its 2003-2004 Charity of the Year (see Note to Editors).
This year the focus will be ‘tackling youth crime’, and mmO2 invites applications from groups who aim to deliver long-term benefits to society through addressing the effects, and tackling the issues at the root cause, of youth crime.
mmO2 was the first company in the world to launch and rollout a commercial GPRS (or 2.5G) network and has secured third generation mobile telephony (“3G”) licences in the UK, Ireland, the Netherlands, and Germany.
www.bitc.org.uk /press_office/press_releases/mmo2_programme.html   (1064 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.