iD Mobile silent on reports of investor-urged sale

MVNO iD Mobile has declined to comment on a report in The Sunday Times that parent company Currys, is being pressured by its largest shareholder J O Hambro to sell the Three-hosted operator. JO Hambro’s UK Equity fund holds 4.5 per cent  of Currys’ shares and sent out an investor letter stating, “The pressure will

Assurant buys repair chain iSmash

Gadget insurance giant Assurant has bought repair chain iSmash and its 38 retail locations. iSmash had been looking for a sale for several months after its auditors put up a red flag over its future prospects as losses mounted to nearly £6 million, mainly due to the effects of Covid lockdowns and the new culture

Innovation in next-gen telecoms must be prioritised over regulation says Ericsson chief.

Europe will become a footnote in next-generation technology success stories unless innovation is prioritised over regulation warned Ericsson President and CEO, Börje Ekholm this week (Pic Raul Mee. Courtesy NIB. Speaking at a seminar at the Nordic Investment Bank’s Board of Governors Ekholm said putting telecoms regulation over innovation coupled with the fragmented nature of

Apple to fight US Justice Dept anti-trust accusations

Apple will defend itself from the US Justice Department which is accusing the Cupertino giant of violating US federal and state antitrust laws. The 800-page complaint was filed on Thursday in a US. District Court in New Jersey by the Justice Department and 16 other US state and district attorneys general and says Apple has