9/5/2012 5:24:46 PM
Three open to using Project Oscar after EC ruling
Three has said it is open to being a customer of the mobile payments joint venture launched by its rivals, so long as it can join on the same terms as the participating mobile operators.
The operator was a vocal critic of Everything Everywhere, O2 and Vodafone's joint venture, dubbed 'Project Oscar', which was approved by the European Commission this morning (5 September) after an investigation lasting several months. The joint venture will aim to provide standards for mobile wallets and marketing. However, Three argued it was anti-competitive.
In a statement released this afternoon, Three said it was still studying the detail of the Commission's report. It said: 'We will continue to monitor developments closely and look forward to the invitation to become a customer of the joint venture on the same terms as all participating UK mobile operators.'
The three operators involved in the joint venture will now hire staff and set the new company up. Its first priority is creating a single contact point for businesses who wish to access a mobile marketing platform.
Editor: Graeme Neill