Is my SmartPhone NFC enabled?

Two interesting pieces of news from NFCWorld.com Vodafone to launch NFC mobile wallet across Europe Mobile network operator Vodafone‘s NFC mobile wallet is going live today in Spain, will be available in Germany in mid-December and expand to the Netherlands, UK and Italy in spring 2014. Vodafone Wallet works with a range of NFC phones as well as with NFC tags that can be used by customers with other smartphones and feature phones. Click Here to read more. One in ten consumers say they have an NFC phone The number of consumers with an NFC phone has doubled since 2012 according to Deloitte‘s...

The Fit for Growth℠ approach & Business Model Innovation

This post is based on my reading of “A Fit for GrowthSM Framework for Telecom Operators: Aligning Capabilities, Costs, and Structure” by Martin Reitenspiess, Christine Rupp, Hannes Gmelin, and Chady Smayra, via Booz & Co. It is an attempt to reconstruct the proposal made in the publication by drawing analogies to other pieces of work. This publication (from April 2013) from Booz & Co proposes a “Fit for Growth” framework to transition from price-based competition strategy to differentiation strategy. Not surprisingly the industry in question, Telecom, is industry characterized by the following observations: Stagnating market due to saturation of primary revenue sources Declining margins accompanied...

Nokia buys back Siemens’ stake in NSN

Via Wall Street Journal Online & Businessweek Bloomberg: With Nokia Siemens Networks having returned to profitability in Q1 2013, Nokia bets on the telecom network business – will pay €1.7B to buy back Siemen’s 50% stake in the JV. Nokia will finance this purchase with a combination of external bank financing (€1.2B) and a secured loan from Siemens (€0.5B).