Beijing-based mobile network operator, China mobile is reportedly interested in investing in Africa to boost services in rural areas. Though the company has not specified neither the region, nor its potential acquisition targets on the continent, it has an ambitious goal to “push business for mobile payments” as stated by Jianzhou Wang Chairman of company.

It would be recalled that recently, the operator concluded a deal that enabled it to acquire a 20% stake in Shanghai Pudong Development Bank, a move expected to help boost its wireless payment and finance operations.

According to Dataxis Intelligence, China mobile is the world’s largest mobile operator with its 539 Million subscriber base of which 7.6 million using 3 G services at the end of March 2010.

The market for NFC (Near Field Communication) mobile payments in the U.S. is in the nascent stage with an adoption rate of only 1.7%; this represents a huge opportunity for early movers offering the same. Adopting NFC mobile payment will open new revenue channels for banks as well as mobile operators as more than 94% of the U.S. population owns a mobile phone, and 60% of these have a card slot in their mobile phone. With the help of NFC technology, banks will be able to tap micro transactions made by cash, representing around 20% of the total transactions in the U.S. This will also help banks to capture the growing GEN Y population as well as the huge underbanked and unbanked population.

T – Mobile has assured the Sony Ericsson users that it has stocked the Black variant Sony Ericsson Vivaz. The other colours in which this handset is available are red, blue and silver. These 4 different shades cater to choice of every kind of person. Contract Sony Ericsson Vivaz Deals on T – Mobile starts from £14.06 per month. You can get a free laptop if you opt for monthly contract of £27.92. Read the rest of this entry »