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GSMA: 24 Telcos Form Alliance To Develop Open Apps Platform

DOW JONES NEWSWIRES Twenty four mobile phone operators have set up an alliance to build a technology platform that will deliver applications to all mobile phone users. In a press release issued at the Mobile World Congress in Barcelona, the operators said their Wholesale Applications Community aims to unite a fragmented marketplace and create an open industry platform that benefits everybody--from applications developers and network operators to mobile phone users themselves. The move is apparently an attempt to compete with Apple Inc., which currently dominates in application download offerings. The 24 operators are América Móvil S.A.B. de C.V. (AMOV), AT&T Inc. (T), Bharti Airtel Ltd. (532454.BY), China Mobile Ltd. (0941.HK), China Unicom Ltd. (0762.HK), Deutsche Telekom AG (DT), KT Corp. (KT), mobilkom austria group, MTN Group Ltd. (MTN.JO), NTT DoCoMo Inc. (9437.TO), Orange, Orascom Telecom Holding (ORTE.CI), Softbank Corp. (9984.TO), Telecom Italia Media S.p.A (TME.MI), Telefónica S.A. (TEF), Telenor ASA (TEL.OS), TeliaSonera AB (TLSN), Singapore Telecommunications Ltd. (Z74.SG), SK Telecom Co. (SKM), Sprint, Verizon Wireless (VRZ.XX), Vimpel Communications (VIMP.RS), Vodafone Group (VOD.LN) and Wind. Handset makers LG Electronics Inc. (066570.SE), Samsung Electronics Co. (005930.SE) and Sony Ericsson are supporting this initiative, the statement said.

Stock News for Telecom (SKM)
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01/12/201610:49:48Amended Report of Foreign Issuer (6-k/a)
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11/30/201508:00:00FAU and SK Telecom, South Korea's Largest Telecommunications...

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