Latviski English По-русски
Wednesday 19.09.2018 | Name days: Verners, Muntis

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

Russian plane near Syria shot down by ally targeting Israeli planes

The Russian military plane, which went missing on Monday, has been shot down by its ally Syria targeting Israel's war planes and the number of servicemen lost in the event has been corrected from 14 to 15, the Russian government stated.

Latvian border guards find more than 140 kg of hashish in a car

On 16 September, Latvian State Border Guard detained a 1991-born man and his car at Grebnev border checkpoint. A secret compartment containing 145.3 kg of narcotic substances was found in his car during a routine inspection, as reported by State Border Guard.

EU suspects German car-makers of colluding against cleaner technology

EU competition watchdogs are probing if German automotive giants have colluded to restrict the development of clean emission technology.

Number of job vacancies in Latvia up 7.8 thousand in Q2 2018

In Q2 2018 there were 24.5 thousand job vacancies in Latvia, which is 7.8 thousand vacancies or 46.6 % more than in Q2 2017. In public sector there were 7.2 thousand and in private sector 17.3 thousand job vacancies.

Latvian government desperate to resolve the growing piles of used tires problem

Latvian government has supported Environment Protection and Regional Development Ministry’s prepared report ‘On maintenance of used tires’. This report includes proposals for measures to help resolve the matter regarding speeding up recycling and regeneration rates, as well as the no less important matter of maintenance of used tires.

Cargo volumes handled by Latvian ports remain stable in first half-year of 2018

Latvian ports transshipped 43.468 million tonnes of cargoes in the first eight months of 2018, which is 0.9% more than in the same period of last year. According to data from Transport Ministry, cargo turnover’s negative balance continues declining at Ventspils port, where 13.274 million tonnes of cargoes were transshipped in the first eight months, which is a drop of 11.9%.

airBaltic carried 18% more passengers in summer

Latvian airline airBaltic has carried 2,770,047 more passengers to destinations in Europe, Scandinavia, Russia, CIS and the Middle East in the first eight months of 2018, BNN was told by the company.

Ukrainian workers in Lithuania gradually fill gap left by Lithuanian exodus

Companies in Lithuania, in particular operating in construction, logistics and retail chains, are increasingly inviting workers from Ukraine and Belarus to fill the worker shortage of Lithuanians moving to richer countries.

ABLV Bank assets worth EUR 47.14 million recovered in August

Assets worth EUR 47.13 million were recovered from the liquidated ABLV Bank in August, which is 2.2 times more than a month prior, according to the account published in Latvian Herald.

Estonia bank watchdog points to Denmark's responsibility over Danske

As to the allegations of doubtful billions flowing via the Estonia branch of Danske Bank, the Estonian watchdog of financial institutions has noted that the Danish supervisory authority was responsible for the lender's risk control.

Liepaja City Council vice-chairman steps down

On Monday, 17 September, Liepaja City Council vice-chairman for tourism and investment affairs Ģirts Kronbergs announced his resignation.

Sixteen contenders apply for Rundale Castle Museum director’s post

A total of sixteen contenders have applied for participation in Latvian Culture Ministry’s announced open personnel selection process to find the next director of Rundale Castle Museum.

Russia: Military plane with 14 Russian soldiers has been lost near Syria

A Russian war plane with 14 servicemen on board has disappeared while over the Mediterranean Sea near the coast of Syria, Russia's Defence Ministry has stated.

Unity decides not to support UGF’s initiative for people’s elected president

Unity political party has no plans to support the amendments submitted by the Union of Greens and Farmers on people’s elected president, says Unity’s chairman Arvils Ašeradens.

U.S. to introduce more import tariffs on China produce

The U.S. government has announced imposing import duty tariffs on Chinese products worth USD 200 billion (EUR 171 billion), in a trade dispute between the world's two biggest economies.

Latvian parties’ pre-election promotion costs reach EUR 1.64 million

Three weeks prior to Saeima elections, expenses of Latvian political parties on promotion have reached EUR 1,638,393. Concord remains in the least expense-wise, according to information from Corruption Prevention and Combating Bureau.

Internal Security Bureau criticizes State Police for insufficient corruption prevention

Internal Security Bureau has detained several police officers under suspicion of bribery. Because of that, the bureau has voiced criticism to the management of Latvia’s State Bureau for insufficient corruption prevention measures.

Full transition to electronic documents in construction sector planned for 2019

During a meeting on 17 September, Latvia’s Cabinet of Ministers supported the amendments to Construction Law developed by Economy Ministry. These amendments provide for a full transition to electronic document handling in the country’s construction sector starting from 2019. This includes submission, decision-making processes and coordination – all of these processes will be performed using Construction Information System, as confirmed by Economy Ministry.

MPC permit revoked for liquidated Jurmala-based M7 Energy

Latvia’s Economy Ministry has made a decision to revoke the permit that allows selling produced electrical energy within mandatory procurement component system from SIA M7 Energy (previous name SIA KSER) CHP plant in Jurmala.

U.S. looking into Danske Bank operations in Estonia

Danske Bank, the leading bank in Denmark, is being investigated by U.S. authorities in relation to alleged money laundering from Russia involving Danske's Estonia branch, American media report.

Nearly 80,000 people have left Riga to live elsewhere in last seven years

In the past seven years, 78,692 people have left Riga to live in other countries or elsewhere in Latvia, according to data from the Central Statistical Bureau of Latvia.

Estonia's free rural bus rides result in passenger boom

Rural bus lines in the majority of Estonian counties have been offering free trips since early July, and in August an increase of 10,000 more rides was observed, resulting in frequently overcrowded buses.

NP: Riga municipality plans to adopt EUR 5 entry fee to city’s centre

A EUR 5 entry fee to Riga’s centre may be a solution Riga municipality has picked to help solve possible traffic congestion problem that is expected to appear in 2020, when it is planned commence construction of Rail Baltica railway. Because of that, several major streets will be closed down for traffic, according to information from Nekā personīga programme.

State Chancellery: no attempts to influence elections from abroad have been observed

Compared to the attempts to influence election results in other countries, no active attempts to influence 13th Saeima elections have been observed so far, said State Chancellery acting director for prevention of hybrid threats Kaspars Ozoliņš.

Switzerland urges Russia to quit violating law, spying in its territory

Switzerland's foreign ministry has urged Russia to stop illegal activities on its territory after three suspected spying cases have emerged in the country in 2018.

Most read

Most commented