Commission ‘Errors’ Cost Telenor $35mn
The Norwegian group blamed a one-off hit in their Q2 accounts on ‘erroneous omissions’ at Bangladeshi operator Grameenphone, which is 56 percent owned by Telenor.
History Repeats Itself, as in Life and in Tech
History tells us plenty about the reasons tech businesses fail, but telcos are in great danger anyway.
Europe Should Act on Call ID Spoofing Now
Andy Rawnsley of the NICC told RAG Bonn about the great work done to reduce nuisance calls in the UK, but European telcos and regulators need to be more proactive about CLI spoofing.
AT&T Introduces Free Auto Blocks on Fraud Robocalls
An FCC decision permits AT&T to use analytics to identify and block likely fraudsters without the permission of the receiving party. However, not all nuisance calls will be blocked for free.
Mobileum Buys WeDo for $70mn
The base price for the RAFM market share leader is roughly equal to their annual revenues, but could rise by another USD27mn if performance targets are met.
RAFM Vendor XINTEC Appoints New CEO
Rob Durran steps up from General Manager to CEO of XINTEC, whilst co-founder Sean Killeen switches his focus to business development.
RAG Learning Adds Certification
Producing a certificate to prove the completion of a course was the enhancement most requested by students of RAG Learning.
5 Years in Prison for Telco CEO Who Faked Contracts
The boss of an Alaskan carrier forged signatures to make it seem like she had secured valuable wholesale contracts. Previously she worked in risk management.
Thefts Force Suspension of Jap Mobile Payment Service on Third Day after Launch
Criminals took control of 900 accounts for a new payments app from the Japanese operators of 7-Eleven convenience stores.
Commsrisk Advert Bidding Closes Soon
Vendors have until July 30th to submit a bid for one of the limited advertising slots on Commsrisk.