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Consolidation vs. innovation

The mobile network operator world is awash with rumors of mergers and acquisitions again. The most talked about is the announcement by France Telecom and Deutsche Telekom to merge Orange and T-Mobile, their activities in the UK to build a larger player. This consolidation will lead to the creation of a dominant player on the UK market, and to a reduction in competition.

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Nokia metamorphoses

Over the last couple of weeks, Nokia announced major changes in its global strategy. Interestingly, the announcement that got the largest press coverage was the announcement of Nokia new netbook. The other Nokia announcement relates more closely to our business. The handset industry leader announced Nokia Money, positioning itself as a financial service operator with a worldwide coverage. With this move, Nokia becomes a competitor to Western Union, and to a lesser extent to Visa and MasterCard.

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Smart Insights unfolds: Smart Insights Weekly and Smart Insights Reports

Our most regular readers have known Smart Insights for four years now, and know our objective is to supply them with timely and accurate information about the secure transactions industry.

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