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January figures from the Mobile Data Association indicate that the growth in popularity of SMS messaging recorded in 2001 is set to continue this year. 1.4 billion text messages were sent in the UK in January and the UK average daily figure for messages sent across the four UK GSM network operators is now 45… Continue reading 60 Million Text Messages Per Month In UK By The End Of 2002, Says MDA

Oftel has proposed a cut in BT’s wholesale unmetered internet access prices. The 7% cut is based on detailed information on BTÂ’s costs for providing wholesale unmetered Internet access to other operators under the FRIACO arrangements. David Edmonds, Director General of Telecommunications, said: “Up until now, BTÂ’s FRIACO charges to other operators to provide wholesale… Continue reading Oftel Moves To Cut BT Internet Costs

Pearson has this morning confirmed that, having received several expressions of interest in FT Business, it has appointed investment Lazard to advise on the sale. The FT Business portfolio includes Investors Chronicle, The Banker, Money Management and Financial Adviser in the UK but does not include the FT or Pearson’s 50% stake in The Economist.… Continue reading Pearson Puts FT Business Up For Sale

According to press reports this morning the ever-acquisitive WPP has approached advertising agency Leagas Delaney about a possible take over. WPP CEO Sir Martin Sorrell is thought to have approached the Leagas board with the intention of bringing in into the WPP fold as the headquarters of the Red Cell Network. The deal would provide… Continue reading Sorrell Eyes Leagas Delaney

NTL today announced yesterday that it has signed an agreement with Macquarie Bank to sell its Australian broadcast business for A$850 million in an all cash transaction. NTL Australia covers 98% of the terrestrial broadcast population in Australia from 578 sites located across the country. For the year ended December 31, 2001, NTL AustraliaÂ’s revenues… Continue reading NTL Sells Off Australian Broadcast Business

Europemedia reports that space on the current generation of the internet will run out by around 2005 unless the European Union states speed up plans to roll out a new IP version, according to a recent European Commission report. The report claims that the development of internet protocol version 6 (IP6) would further boost Europe’s… Continue reading Internet Will ‘Run Out Of Space’ In 2005, Says New EC Report

A new report from the Yankee Group comes to unsurprising conclusions regarding the appeal of video-on-demand services, revealing that young men (16-17 years) are most likely to buy movies in this way. 31% of cable and satellite subscribers say that they are ‘very likely’ or ‘somewhat likely’ to order a VOD movie costing $3.95. 16-17… Continue reading VOD Appeal Greatest Amongst Young Men, Says Yankee Group

Cable & Wireless, which warned yesterday that profits at its global business could be down by 10% year on year when it announces its results in May, saw shares rise 0.94% yesterday to close at £2.14, an increase of 2p on the day before. Telewest continued to see shares fall following increasing concern over the… Continue reading Sharewatch

Acting chairman of the Press Complaints Commission (PCC), Professor Robert Pinker, has said that he wants to strengthen self-regulation within the newspaper industry.In a speech to the Commonwealth Press Union, Pinker said: “There are many debates I am happy to have, as long as they end up strengthening self-regulation, not handing ammunition to its detractors.… Continue reading PCC Considers Strengthening Self-Regulation

Cable & Wireless Warns On Profits Ahead Of ResultsCable and Wireless this week issued a trading update ahead of its full year results forecasting that the group’s revenues will fall by 10%.Cable & Wireless chief executive, Graham Wallace, said: “Despite a backdrop of continuing difficult market conditions expected to contribute to a 10% decline in… Continue reading Cable & Wireless Warns On Profits Ahead Of Results