Moving Forward with MMS
British network operator Vodafone has turned to Ericsson to supply
Multimedia Messaging software to support the roll out of its MMS
service in Europe scheduled for the middle of this year.
Based on the mass-market popularity of its predecessor SMS,
Multimedia Messaging Services (MMS) that enables subscribers to
compose and send media rich messages to one another is expected to be
the appetizer to the main course of highly anticipated 3G services.
MMS will offer Vodafone customers dramatic mobile-to-mobile
messaging capabilities by enabling color pictures, animations, audio
and video clips to be delivered over its GPRS networks.
Vodafone will initially roll out MMS in Germany, Greece, Ireland,
Italy, The Netherlands, Portugal, Spain, Sweden and the U.K.
Ericsson will provide the network infrastructure to support MMS
and, more than likely, will be one of the vendors supplying
MMS-enabled handsets.
Shedding Debt
As Vodafone moves forward with its investment in MMS, it is still
burdened with an estimated $23-billion debt. After overspending on 3G
licenses and after investing heavily in other carriers, the world’s
largest wireless operator is now gradually shedding its financial
burden.
Recently the company negotiated a deal with Siemens to sell its
remaining stake in Atec Mannesmann, the German engineering and
automotive firm, for around $3.3-billion.
Siemens bought a majority stake in Atec two year ago when Vodafone
took over Mannesmann.
Even though Vodafone’s option to sell its holdings does not
expire until December 2003, a company spokesman said it was seen as an
opportune moment to sell.
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