T-Mobile gives 'best and final offer' for MetroPCS takeover

T-Mobile USA's parent company Deutsche Telekom has submitted its "best and final offer" to shareholders, sweetening the deal for the MetroPCS reverse takeover. Amidst the growing sentiment among MetroPCS shareholders that they're getting the bad end of the deal, T-Mobile is reducing the amount of debt transferred to the new company as part of the deal. The current terms are good enough for most, and see MetroPCS shareholders receiving $4 per share and a 26-percent stake in the newly combined company. The new deal will also now see a reduced amount of debt transferred to the new company, now at $3.8 billion -- along with a slightly lower interest rate.

Although there is a vocal minority of shareholders disapproving of the current terms, they're still the minority. With T-Mobile previously stating that it felt its initial terms are fair, it's interesting to see it come back with a better offer to help guarantee the deal is accepted. MetroPCS shareholders are currently sending in their votes to approve or disapprove of the deal ahead of a shareholder meeting, which has been pushed back to April 24th because of the new terms. Pending that shareholder approval, all indications point to the deal going through at some time in 2013.

Source: WSJ

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Interview: Microsoft and Fortumo team up to offer mobile payments to developers

Interview: Microsoft and Fortumo team up to offer mobile payments to developers | Windows Phone Central Skip to main content Android BlackBerry iPhone / iPad Windows Phone webOS SIGN UP|LOG IN Windows Phone Central Windows Phone CentralForumsNewsReviewsHelp & How ToDevicesAppsGamesContestsDevelopersEditorials Search Shop online Cases Chargers Batteries Bluetooth & More New accessories FREE Shipping on orders over $50 14 Interview: Microsoft and Fortumo team up to offer mobile payments to developers DevelopersInterviewsNews By Paul Acevedo, Friday, Apr 5, 2013 at 3:22 pm

While everyone here has played a game or used an app that offers some kind of in-app-purchase (IAP), most of us probably don’t give the mobile payment systems that work behind the scenes much thought. And yet developers certainly have to consider mobile payment systems if they’re going to accept payments from users.

At GDC last week, we had the opportunity to speak with Rain Rannu, the Co-Founder of Fortumo Ltd.  Fortumo provides mobile payment services for Windows Phone 7.5 and 8, Windows 8 and RT, and several other mobile platforms. They’ve recently teamed up with Microsoft to offer an exciting deal for developers who sign up to use Fortumo with their Windows products by the end of May.

Head past the break for more details and our video interview!

Mobile payments made easy

Fortumo describes itself as the single most developer-friendly mobile payments provider. Basically, the company allows developers to sign up for its service, integrate their API into the platform of their choice (Windows Phone, Windows 8, Android, Nook, HTML5, etc. – everyone but iOS), and start accepting mobile payments without expending much time or energy. Fortumo receives a percentage from each IAP, but otherwise there are no setup or monthly fees to worry about.

The Fortumo service adds carrier billing (as opposed to credit card billing) to games and apps and works in over 80 countries. Because credit cards aren’t very common in countries like Brazil and Japan, carrier billing removes that barrier towards accepting payments. Even if the purchase is being made from something other than a mobile device, it can still be billed to the user’s mobile carrier.

For an individual developer, manually setting up carrier billing in every country they want to sell their app in would be prohibitively difficult to do. But integrate Fortumo and it’s all taken care of for you.

Special offer for Windows Phone and Windows 8 developers

Microsoft and Fortumo really want Windows Phone and Windows 8 developers to embrace the Fortumo mobile payment system. For that reason, any developer who signs up and integrates in-app payments for Microsoft’s mobile platforms between now and May 31st, 2013 will receive free payment processing for six months. Neither Microsoft nor Fortumo will take any cut from the in-app purchases during this time – only the phone carriers themselves get a cut. Find out more about this offer at Fortumo.com/windows8.

Game developers and the future of Fortumo on Windows Phone
Rain Rannu of Fortumo

Fortumo’s payment services have only become available on Windows Phone and Windows 8 within the last couple of months, and as such we haven’t seen any Windows Phone games that use the service yet. But several are in the works, so it’s only a matter of time.

A few game and app developers who already use Fortumo for their IAPs on Android other platforms:

Alawar (Farm Frenzy), Badoo (social and dating site), Digital Chocolate (Tower Bloxx New York), Rovio (Angry Birds and Amazing Alex), Facebook, PopCap (Plants vs. Zombies and Bejeweled), Vostu (Brazilian social games), and Zeptolab (Cut the Rope).

Update

We've had some confusion about how Fortumo can handle IAPs on Windows Phone 7.5. So here is the company's official response:

Fortumo supports in-app payments for WP7.5. If WP7.5 didn't technically support in-app purchases on that platform before then our solution is totally separate and brings the capability. Basically it's very simple, if you see a "metro interface"/"the tiles" on a windows computer or device then we're supported :)

Paul Acevedo Games Editor

"The way that can be named is not the real way."

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Comments There are 14 comments. Sign in to comment AhmedAtef says:

Being a developer, that sounds cool..

Posted on Apr 5, 2013 at 3:48 pm - 2 days ago Reply keol says:

Where the hell is instagraph anyway

Posted on Apr 5, 2013 at 3:54 pm - 2 days ago Reply Paul Acevedo says:

You won't find it in artcles about Fortumo, that's for sure. :P

Posted on Apr 5, 2013 at 3:59 pm - 2 days ago Reply venetasoft says:

Its coming, stay tuned on wpcentral ;)

Posted on Apr 5, 2013 at 4:03 pm - 2 days ago Reply Simen Mangseth says:

Good. Thank you for answering, Venetasoft. But when? And why has it taken sooo long?

Posted on Apr 6, 2013 at 9:10 am - 1 day ago Reply Simen Mangseth says:

By the way - I think you can improve the design of the app a bit, for example by using the Instagram font for the logo: http://myfonts.us/td-ER1Ewn
 
Just a suggestion! :)

Posted on Apr 6, 2013 at 4:35 pm - 1 day ago Reply MattyBoy83 says:

I would laugh if Microsoft or Nokia released an 'official' app with Instagram's permission before you released instagraph.

Posted on Apr 7, 2013 at 1:02 pm - 18 hours ago Reply JW888 says:

No more instagraph.........go home, dude

Posted on Apr 5, 2013 at 10:40 pm - 2 days ago Reply Senkwe says:

This article says "Fortumo provides mobile payment services for Windows Phone 7.5"  but their website says nothing of the sort.

Typo?

 

Posted on Apr 5, 2013 at 4:05 pm - 2 days ago Reply Paul Acevedo says:

They definitely told me it works for 7.5 - just listen to the interview.

Posted on Apr 5, 2013 at 4:10 pm - 2 days ago Reply Sergio The One says:

I'm also wondering how could they provide mobile payments for 7.x. I was given the understanding that 7.x doesn't support in-app purchases.

Posted on Apr 5, 2013 at 4:11 pm - 2 days ago Reply Paul Acevedo says:

Here's Fortumo's answer, which I am adding to the story:

Fortumo supports in-app payments for WP7.5. If WP7.5 didn't technically support in-app purchases on that platform before then our solution is totally separate and brings the capability. Basically it's very simple, if you see a "metro interface"/"the tiles" on a windows computer or device then we're supported :)

Posted on Apr 7, 2013 at 4:15 am - 1 day ago Reply Jamdot says:

Why isn't Microsoft doing in house IAP payments like a certain fruit based company?

Posted on Apr 6, 2013 at 12:36 am - 2 days ago Reply ahmu86 says:

This is great and natural way to be billed on a mobile phone app...in India most of ppl dont have credit cards, the success of Nokia and symbian in India is because local developers have tied up with carriers and ppl can download .jar games off carriers mobile site... WP doesnt support it as off now...and unfortunately this article wont help as Furtomo doesnt have India in its 73 countries list...

Posted on Apr 6, 2013 at 3:51 am - 2 days ago Reply */Tip Us On News!

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