Latviski English По-русски
Friday 19.01.2018 | Name days: Alnis, Andulis

Tele2 Chairman: smartphones will be used as credit cards

(+2 rating, 2 votes)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RU, Valdis Vancovics

Tele2 Board Chairman Valdis Vancovics

Smartphones will develop as a means of payment and it will be possible to use them as credit cards via contactless technologies, the Chairman of Tele2 Board Valdis Vancovičs (Vancovics) told in an interview to the business news portal BNN.

Commenting on the competition between mobile phone operators in Latvia, he explains that competitiveness is particularly fierce in Latvia’s mobile telecommunications sector. Mobile users benefit the most from that – prices keep falling.

What mobile phone functions will operators be able to provide in near future?

Future belongs to smartphones and mobile data. The development of these two areas will determine the new telecommunications service users’ habits. The smartphone will also evolve as an instrument of payment and it will be used as a credit card through contactless technologies. Although the first companies offering payment settlements with smartphones are emerging throughout the world, and mobile phone manufacturers forecast rapid development of this segment, such phones with billing options would not gain popularity in Latvia before 2015.

Will mobile phones compete with handheld computers?

In terms of operators, fast mobile data transfer will definitely remain as the basic service, but additional services such as voice calls, configuration and use will be up to consumers. Mobile phones functionality will allow users to install many useful and entertaining programmes and applications found on the Internet. Smartphones performance will keep up with laptops; 3D graphics interfaces will appear, as well as other still unknown ways of data entry.

How will such changes affect mobile operator networks?

All this will boost data traffic in mobile operator networks. We predict that in this decade mobile Internet services will be the fastest-growing segment in Latvia and in the world. It will further advance mobile phones, e-commerce transactions and, consequently, people’s habits.

What future do you see for handhelds?

A pleasant feature of palmtop computers (PDA), passed over from smartphones, is the ability to be ready for operation at any time. Nobody wants to wait several minutes to start a laptop. It is expected their popularity, due to this reason in particular, will grow in comparison to laptops. PDAs will be the main competitors of laptops. While in most cases mobile phones and PDAs will join forces and supplement each other.

What are your views on the rise in competition among the three Latvian operators with one limited number of customers migrating freely between them?

In Latvia, there is fierce rivalry in the mobile telecommunications industry. And the winner is the mobile user – prices keep dropping. In 2010 and also now the number of our clients exceeds one million. When it comes to the number of clients, only 3 – 4% of the total number of mobile phone users decide to change their operator. Compared to the total number of new clients, this proportion is very small. All mobile operators in Latvia have clients who have transferred to another operator, as well as clients who have come from another operator. Prepaid card customers have «migrated» the most, due to less obligations.

How are unused SIM card numbers written off?

Operators have to pay the state a duty on the use of numerical ranges; therefore, they are interested in using numbers as efficiently as possible. Unused numbers are not scrapped. After 6-month «freeze», they are put back for use and the new client can choose the number and use it.

Is it possible to buy abroad subsidized O2, Vodafone and other handsets to use them in Latvia?

Typically, operators offering subsidized mobile phones, have a reason to do this, as they aim at attracting clients for a longer term. Therefore, they usually ensure that such phones can be used in their network exclusively. It is possible to use these subsidized phones in Latvia’s networks only in cases when the operator has not fixed the mobile phone to a particular network.

Does reading the IMEI code and calling the operator prevent stolen handset sales at pawnshops?

If the mobile phone is stolen, it is necessary to contact the mobile operator’s customer support immediately. It is possible to block the phone at the client’s request. Thieves were good at modifying the identification code of earlier phone models; however, in recent years, phone manufacturers have more thoroughly protected mobile phones to make such activities practically impossible.

How long and why are all messages stored on the communications exchange server? Have you ever cooperated with the Interior Ministry and other security institutions in cases of mobile communications tapping?

Mobile operators do not need to engage in telephone tapping, and they do not. Security institutions themselves carry out interceptions in line with the legislation, by using a special connection to the operator’s network known as the lawful interception point. Operators provide connection to this interception point, but cannot find out any details on the security institution’s actions. The same applies to text messages.

Leave a reply

Lithuanian bishops: skipping fasting on February 16 this year is not a sin

In an unprecedented move, the Conference of Lithuanian Bishops, the governing body of the Lithuanian Catholic Church, said that meat dishes okay for the people of faith on February 16, which marks the 100-year anniversary of Lithuania's statehood and the Lent Friday, which is traditionally a day of fasting for religious Catholic people.

Coincidence? Votes from Harmony and UGF ensure Sudraba remains the head of Oligarchs case committee

On Thursday, 18 January, the majority of Saeima members voted against the proposal to dismiss Inguna Sudraba from the post of the head of parliamentary investigative committee in charge of the review of the infamous Oligarchs case.

Kaljulaid criticised over involvement of acclaimed, but unrestrained director in centennial reception

As Estonia readies for the presidential reception to honour the 100th anniversary of Estonia, its President Kersti Kaljulaid is being criticised in an open letter for trusting Tallinn’s NO99 theatre, whose director physically assaulted a female colleague.

22.1% of Latvia’s residents subjected to risk of poverty

In 2017, 425 thousand persons or 22.1 % of Latvia population were at risk of poverty in 2016 – 0.3 percentage points less than in 2015. Equivalent income of this part of the population were below 330 euros monthly.

LAAC: Latvia’s milk market can be sorted out by joining forces in exports

Latvian Association of Agricultural Cooperatives (LAAC) has received support and praise for the public discussion regarding rapid milk procurement price changes, which is something that has recently affected the majority of agricultural cooperatives. This has helped cooperatives band together in order to sort out the milk market. This idea came from the example set by grain producer cooperatives, which did the same thing fifteen years ago, as reported by the association’s representatives.

Forevers announces its decision to exit from Latvian Federation of Food Companies

Forevers meat processing company has decided to exit from Latvian Federation of Food Companies (LFFC). The contract between two parties will be terminated in January.

Saeima’s Oligarchs case investigative committee hastily approves final report

In spite of objections, grammatical errors, criticisms about lacking effort, as well as Inguna Sudraba’s unfit status to lead the committee, members decided to move the meeting from 11:00 to 08:00 and approve the final report in a rushed vote.

Removal of 1 and 2 euro cent coins from circulation suggested by Bank of Estonia

Estonian central bank is willing to follow the eurozone trend of limiting the circulation of euro 1-cent and 2-cent coins and in time to remove them entirely from circulation in the Baltic country. attacks on e-health system and LETA were likely ordered

Attacks on e-health system and LETA agency were likely ordered, said deputy manager Varis Teivāns in an interview to Rīta Panorāma programme of LTV.

As Catalan parliament reconvenes, it elects pro-independence speaker

The Catalan regional parliament has in its first sitting since its ousting and snap December election elected a separatist-minded politician as its Chairman, which indicates that the attempts to break the region away from Spain would continue.

Latvia’s National Armed forces receive new Harris tactical radio equipment

In 2017, Latvia received tactical military radios worth USD 10.5 million from American Harris Corporation. Procurement of radio equipment will further improve command function and help develop a lasting communication system with other NATO member states, as reported by Latvian Defence Ministry.

MEP: Europe continues strengthening its energy independence

«The European Parliament has voiced strong support towards Europe’s energy independence and moving its energy policy away from Russia’s monopoly by investing in energy efficiency and renewable energy resources,» said MEP Krišjānis Kariņš after the vote on Clean Energy Act’s first reading in Strasbourg.

Apple expected to pay additional 38 billion USD in taxes for money kept abroad

Motivated by the U.S. tax reform, Apple will pay about 38 billion U.S. dollars (31 billion euros) in tax on the roughly 250 billion dollars (204 billion euros) the computer technology firm keeps outside of its country of origin as it plans to focus more on its contribution to the American economy.

Latvian police commenced three criminal processes for contraband of drugs this year

In the first two weeks of 2018, State Revenue Service’s Customs Police commenced three criminal processes in regards to illegal drugs contraband in postal packages from Lithuania to Latvia.

Betsafe: To Latvia from the Heart has laughable chance of entering next Saeima

With declining ratings, Inguna Sudraba’s party To Latvia from The Heart has been left with laughable chances of entering the next Saeima, Betsafe bookmakers say.

EU Affairs Committee: EU Digital Single Market motivated Latvia to perform reforms

European Union’s Digital Single Market strategy offered new opportunities for Latvian businessmen to actively present their services in other member states. The strategy also served as an impulse for the business environment and state administration. The strategy motivates our government to walk the road of reformation more actively and clean up messes that have remained for a long time, said chairperson of Saeima’s European Affairs Committee Lolita Čigāne on Wednesday, 17 January.

Expert: Zhdanok’s decision to leave EP was carefully calculated to revive Latvian Russians Union

The decision made by member of the European Parliament (EP) and leader of Latvian Russians Union (LRU) Tatyana Zhdanok, in accordance with which she intends to leave the European Parliament to instead focus on LRU’s election campaign, was a carefully calculated step to reanimate the party, said dean of Social Sciences Faculty of the University of Latvia Juris Rozenvalds.

Maxima Latvia expects price decline up to 15% in 2018

Following Maxima Latvija’s decision to reduce prices for nearly 1,000 important goods, it is expected that a similar step will be made by other players in the industry. This could mean prices for everyday goods could decline by up to 15%, as BNN was informed by the company.

Latvia’s economy reaches highest peak since 2015

Residents’ mood has improved for most positions of the study. Residents were positive the most about ongoing changes for Latvia’s economy, the value of which has reached its peak since July 2015. In spite of optimistic changes, however, 30% of respondents are critical about ongoing economic changes in Latvia, according to results of the latest Baltic International Bank’s Latvian Barometer.

Riga exchange hopes for new securities issuers this year

There are hopes to see new Latvian businesses release shares on the stock market this year, says chairperson of Nasdaq Riga Daiga Auziņa-Melalksne.

Latvian universities to offer students an innovative grant system

To help develop students’ innovative and business abilities, Latvian Education and Science Ministry has developed a new student grant system, which will focus mainly on supporting innovative projects and research and further improve cooperation between universities and leading businesses to attract human resources, the ministry reports.

Russian sociologists fear closure, quit publishing election polls

Russian leading independent polling organisation Levada Center has stated it has quit releasing results of polls on the country’s spring presidential election citing concern that the authorities could close it down for what they see as meddling in politics.

Court maintains pledge on former LAR leader’s bank accounts and owned property

Court has applied pledge status on property and bank accounts owned by Riga City Council member Mārtiņš Bondars to enforce EUR 15 million from him as part of Latvijas Krajbanka criminal case, as reported by TV3 News.

McDonald’s to use unrecycled packaging for 7 more years

World’s largest catering chain McDonalds has set the aim of ensuring that by 2025 all its packaging would be from either from recycled or renewable materials, which would be an increase current proportion of a half.

Saeima speaker: Judicial Affairs Council’s work should be more apparent

Work performed by the Judicial Affairs Council should be made more apparent, said Saeima speaker Ināra Mūrniece during her meeting with Supreme Court chairman Ivars Bičkovičs.

Most read

Most commented

Would you be ready to boycott something in your life?

View Results

Loading ... Loading ...

Polls Archive

Category feed: Feed: