xiaomi-phone Archives

China’s Xiaomi announces telecom carrier service, new flagship handset

September 22, 2015 creative beijing, from-large, giants-dominate, launching, mobile-virtual, narendra-modi, two-prepaid, xiaomi-phone

Xiaomi Inc, China's leading smartphone maker, announced on Tuesday two prepaid wireless plans to mark its debut as a mobile virtual network operator (MVNO) competing against China's national carriers. MVNOs, which purchase network capacity from large carriers and resell mobile plans under their own branding, have failed to gain traction in China, where three state-owned giants dominate the telecoms industry.

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Music streaming service Deezer plans Paris listing

September 22, 2015 admin apple, billion-euros, giants-dominate, growing-rapidly, launching, licensing-music, mobile-virtual, music, paris, songs-stored, spotify-deezer, stock-market, xiaomi-phone

By Leila Abboud PARIS (Reuters) – Music streaming service Deezer plans a flotation on the Paris stock exchange by the end of the year as it tries to keep up with larger, deeper-pocketed rivals such as Apple Inc and Sweden’s Spotify. Deezer, which analysts expect to achieve a stock market valuation of about 1 billion euros ($1 billion), and its rivals represent a shift in the music industry, away from buying and downloading tracks to listening online to songs stored remotely