Vertu shutters UK operations

first_img Saleha joined Mobile World Live in October 2014 as a reporter and works across all e-newsletters – creating content, writing blogs and reports as well as conducting feature interviews…More Read more Mobile Mix: IFA gets interactive LG sues TCL over LTE patents TCL eyes value sector with CES duo, teases 2021 range AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 13 JUL 2017 Tags TCLVertu Relatedcenter_img Devices Boutique smartphone maker Vertu’s UK manufacturing operation will be shut down, putting 200 people out of a job, Financial Times (FT) reported, just four months after it was sold to a member of an “exiled and secretive Turkish business dynasty” in a deal worth $50 million.Attempts by the new owner to buy the company out of administration failed, FT reported, as have attempts to resuscitate the business by cutting the price of its non-customised handsets from £10,000 and above, to between £4,000 and £7,000.In March, Baferton, a Cyprus-registered company, acquired the Vertu business from previous owner, China-based Godin Holdings.Baferton was funded by Hakan Uzan, part of a Turkish family with some history in the mobile industry.Uzan will keep the Vertu brand, technology and design licences, and plans to rebuild company, FT said.Vertu was rumoured to be on the brink of administration in 2016. The company failed to file its 2015 accounts and, after the acquisition was complete, Uzan reportedly discovered it had an accounting deficit of £128 million.The manufacturing arm was placed into administration before Uzan tried to buy back the business for £1.9 million.News of the demise of the UK manufacturing arm comes a matter of weeks after Vertu agreed a deal with smartphone maker TCL, covering the use of “advanced and innovative technology” from the Chinese company for “30,000 handcrafted Vertu phones”, to be produced at the UK plant.With an entry selling price of £7,500, more than 500,000 devices have been sold by Vertu since its first unit shipped in 2002. It counts more than 225,000 registered users.The company was set up in 1998, when it was part of Nokia, before being sold to private equity company EQT in 2012 and then to Godin three years later. HomeDevicesNews Vertu shutters UK operations Saleha Riaz Previous ArticleGrowth of personal assistant apps “spotty and sluggish”Next ArticleWBA chief says Wi-Fi key to affordable connectivity Authorlast_img read more

New coach order bonanza at Euro Bus Expo

first_imgEvoBus (UK), Irizar UK and Scania GB all reveal numerous major deals as British market is buoyantGreenline Coach Holidays MD Andy Phillips (left) took a Scania InterlinkThree major suppliers announced significant major orders totalling over 100 coaches during Euro Bus Expo (EBE) as the first news of deals completed at the show became public.The largest single order was placed by Shearings Leisure Group, which extended its relationship with EvoBus (UK) by signing for a further 43 Mercedes-Benz Tourismos for delivery in 2017.Irizar UK, supplier of the Spanish coachbuilder’s DAF-powered integrals, reported 39 firm orders and one option.Seven are for its range-topping i8 integral. The Kings Ferry will take two alongside a pair of i6 integrals, and one will go to Golden Boy Coaches as part of a four-coach order.Ellisons Travel Services of St Helens placed a repeat order for the i8 integral, with its total of four representing the biggest single deal for the model so far.Scania Great Britain also reported major success at EBE, with orders for 22 coaches completed over the three days.Notably, 19 are for its recently-launched Interlink. Seven will go to Skills Coaches of Nottingham, five to Johnsons of Henley-in-Arden, three to Princess Coaches of Southampton and single vehicles to each of Astons Coaches, Attain Travel, Belle Coaches and Greenline Coach Holidays.Of the remaining three, Bullocks Coaches, Barry’s Coaches of Weymouth and Dunwood Travel have each committed to an Irizar i6-bodied chassis.“This has been a tremendously successful event for us, not only in terms of orders received but also with regard to the levels of interest shown in products,” says General Manager – Retail Sales Martin West.EvoBus (UK), Irizar UK and Scania Great Britain’s successes were replicated elsewhere at EBE, with many other manufacturers and dealerships reporting brisk business as demand for new coaches proved strong.last_img read more

Den closes its doors

first_imgBy ROSIE WEBSTER IT WAS a time for reflection and reminiscing at the Pakenham Lions Den on the night of…[To read the rest of this story Subscribe or Login to the Gazette Access Pass] Thanks for reading the Pakenham Berwick Gazette. Subscribe or Login to read the rest of this content with the Gazette Digital Access Pass subscription.last_img

Selkirk College Sets Tone for Season with Stellar Home Weekend

first_imgIn the middle frame, the Saints scored a pair of powerplay goals courtesy of Blake Sidoni and Jaiden LaPorte to go up 3-1 seven minutes into the period. The Vikes then got a powerplay goal of their own before the period ended to make it 3-2. The third period was the most exciting 20 minutes of the game with chances for both teams. Saints starting goaltender Tallon Kramer was solid all game long and stellar in the last minute where he made a pair of clutch game-saving stops to preserve the win. “These guys want to win and that is the attitude in the room,” says Hnatiuk. “As a coach, that is the culture you want to build and it is coming together in that capacity.”Saturday night’s rematch was a rollercoaster affair that started 13 minutes into the game when second-year forward Sebastian Powsey scored for Selkirk College. The second period saw the University of Victoria score three unanswered goals when Keenan Eddy, David Stickney and Hunt scored in the stanza. Hunt’s second of the weekend came with only 12 seconds left in the period.Unwilling to fold, the Saints stormed back in the third with former Castlegar Rebels standout Dallas Goodwin narrowing the margin to 3-2 just over seven minutes in. Kramer again helped keep his team stay alive when the Vikes put pressure on which set the stage for Joe Gage’s goal with only eight seconds remaining on the clock that sent the game into overtime.In the extra frame, Foley scored his second goal of the weekend to empty the Saints bench and bring the supportive crowd to their feet.“It was great to get back on track with a couple of wins, now we need to keep building because the whole season is made up of numerous steps before we get to the final goal,” says Hnatiuk. “We have built the foundation and each week we need to take a step forward… this weekend was an example of that and we can keep building.”The Saints have a week off before heading back to Vancouver Island for a pair of games against the Vikes and Vancouver Island University. They will return home on November 8 and 9 to take on defending BCIHL champion Trinity Western University.: The vibe in the Castlegar & District Recreation Centre this past weekend felt more like early-March than mid-October with the Selkirk College Saints and University of Victoria Vikes battling in a two-game series that had the intensity of the post-season.The Saints home opening weekend featured a pair of terrific British Columbia Intercollegiate Hockey League (BCIHL) games that resulted in a tight 3-2 win for Selkirk College on Friday night and a thrilling 4-3 overtime victory on Saturday. “It was our home opener and it felt like playoffs,” says Saints head coach Dave Hnatiuk. “Hopefully that is what we can expect every weekend because this is a small league and there is parody amongst all the teams. That’s what it will take to be successful this season.”After dropping the first two road games of the regular season on the road earlier this month, the Saints were hungry for a win and came out strong in Friday night’s contest. Rookie forward Johnny Foley got the home side on the board with five minutes left in the opening period when he took the puck all the way up the right wing boards and cut to the net for his first of the year. Former Saints forward Sawyer Hunt responded five seconds later with a goal for UVic that tied the game at 1-1 after 20 minutes.last_img read more