Buongiorno (company)

Last updated

Buongiorno, a NTT Docomo Company, founded in 1999, that develops apps and services for mobile devices. [1]

Contents

Following settlement of a public tender offer in 2012, Buongiorno became an owned subsidiary of NTT Docomo, a mobile telecommunications, technologies and service company. [2] Through the provision of a diverse range of content and services, Buongiorno has served over two billion customers in 57 countires, spanning four continents. [2] Their services include, among other things, mobile personalisation and entertainment, social networking, multimedia interactive services. [3]

History

Buongiorno started out in 1995 when current chairman Mauro Del Rio started sending humorous e-mail messages with the subject "Buongiorno" (Italian for "good day") to 11 friends. The business expanded quickly and by 1998 he was sending e-mail newsletters to 25,000 people. [4] Del Rio launched Buongiorno SpA to provide services for the telecommunications market, beginning a policy of growth through international acquisitions, the first of which was of the Spanish company MyAlert in 2001. Buongiorno merged with Vitaminic in July 2003 to form Buongiorno Vitaminic SpA. The company continued with its policy of acquisitions, the most significant of which were the Italian company Gsmbox in 2004, and the French company Freever leading in mobile communities and created by Jerome Trainel, Philippe Tissot, and Pierre Duhau-Laurent in 2005.

On March 25, 2006, the company changed its name to Buongiorno SpA.

More recent acquisitions which led to the current structure of the Buongiorno group were the British firm Inventa which was purchased at the end of 2006 and the American company Rocket Mobile in the early months of 2007. A significant partnership was established with the Mitsui corporation of Japan, creating the joint venture Buongiorno Hong Kong, managed by Simone Ranucci Brandimarte. The partnership's first major transaction was the acquisition of eDong Asia, a Chinese provider of mobile content. On June 11, 2010, the company announced its investment in Glamoo, [5] company leader in the group buying ("collective buying") sector and headquartered in London. In July 2012, Japan's NTT Docomo took over Buongiorno in a deal worth 209 million euros. [6]

Financial information

As reported on the balance sheet dated 31 December 2006, the Buongiorno group has a consolidated investment of about €157.2 million, with a net worth of around €76.9 million, a consolidated turnover of about €191.8 million and consolidated net profit of about €12.6 million.

Investment in the parent company amounts to approximately €124.2 million, with a net worth of around €76.9 million, a turnover of about €50.5 million and a net profit of about €13.8 million, with extraordinary income (capital gains on sale of shares) of about 10.9 million euros.

In 2006 the Buongiorno group employed on average 659 employees, including 173 staff in the parent company.[ citation needed ]

Controversy

In August 2012, Buongiorno featured in a BBC News Technology article exposing a loophole in the company's systems which allowed experienced hackers to sign up any mobile number to Buongiorno's subscription services, regardless of the mobile number's owner consent or knowledge. [7] Buongiorno said it quickly closed the loophole once it was discovered and had no evidence it had been exploited.

Related Research Articles

<span class="mw-page-title-main">Nippon Telegraph and Telephone</span> Japanese telecommunication company

The Nippon Telegraph and Telephone Corporation (NTT) is a Japanese telecommunications holding company headquartered in Tokyo, Japan. Ranked 55th in Fortune Global 500, NTT is the fourth largest telecommunications company in the world in terms of revenue, as well as the third largest publicly traded company in Japan after Toyota and Sony, as of June 2022. In 2023, the company was ranked 56th in the Forbes Global 2000.

<span class="mw-page-title-main">NTT Docomo</span> Japanese telecommunications company

NTT Docomo, Inc. is a Japanese mobile phone operator. The name is officially an abbreviation of the phrase, "do communications over the mobile network", and is also from a compound word dokomo, meaning "everywhere" in Japanese. The company is headquartered in Sanno Park Tower, Nagatachō, Chiyoda, Tokyo. Docomo provides phone, video phone, i-mode (internet), and mail services. It is the largest wireless carrier in Japan, with 82.632 million subscribers as of March 2021.

<span class="mw-page-title-main">OTE</span> Greek telecommunication company

Hellenic Telecommunications Organisation S.A. is the largest technology company in Greece. It is one of the three largest companies listed in the Athens Stock Exchange, according to market capitalization.

<span class="mw-page-title-main">KDDI</span> Japanese telecommunications operator

KDDI Corporation is a Japanese telecommunications operator. It was established in 2000 through the merger of DDI, KDD (ケイディディ), and IDO. In 2001, it merged with a subsidiary named Au, which was formed through the merger of seven automotive and mobile phone companies from the DDI-Cellular Group. As of 2020, it is the second-largest mobile telecommunications provider in Japan in terms of the number of contracts, following NTT Docomo.

<span class="mw-page-title-main">TIM Group</span> Italian telecommunications company

TIM S.p.A. is an Italian telecommunications company with headquarters in Rome, Milan, and Naples, which provides fixed telephony and DSL data services.

<span class="mw-page-title-main">Tessellis</span> Italian telecommunications company

Tessellis S.p.A. is an Italian telecommunications company founded in 1998 and based in Cagliari, Sardinia, that provides Internet and telecommunications services in Italy, and, previously had operations in other European nations through its acquisition of many smaller European Internet Service Providers (ISPs) in the late 1990s.

Tata Teleservices Limited along with its subsidiary Tata Teleservices (Maharashtra) Limited is an Indian internet services provider and IT services company headquartered in Mumbai, India. It is listed on BSE and NSE in India.

<span class="mw-page-title-main">Fastweb (telecommunications company)</span> Italian telecommunications company

FASTWEB S.p.A. is an Italian telecommunications company that provides fixed and mobile telephony, broadband Internet and IPTV services. It is also one of the prominent companies in Italy providing FTTH connections, and is a subsidiary of the Swiss telecommunication company Swisscom AG.

<span class="mw-page-title-main">Vodafone Italy</span> Italian telecommunications company

Vodafone Italia S.p.A. is an Italian telecommunications company, subsidiary of Vodafone Group Plc. It has 30,153,000 mobile phone customers and 3,182,000 fixed phone lines, with respectively a market share of 28.5% and 16%. The company's headquarters are in Ivrea (TO) and Milan.

<span class="mw-page-title-main">Wind Hellas</span> Former greek telecommunications company

WIND Hellas was a Greek integrated telecommunications provider with headquarters in Athens, Greece.

<span class="mw-page-title-main">Wind (Italy)</span> Former Italian telecommunications company

Wind Telecomunicazioni S.p.A., more commonly known as Wind, was an Italian telecommunications company of the VimpelCom Ltd. group, which offered mobile telephony services and, through Infostrada, also fixed-line telephony services, Internet and IPTV.

ONO was a Spanish broadband communication and entertainment company, delivering integrated telephone, television and Internet services to its residential customers. In this segment, it has 3.7 million services contracted and over six million users.

<span class="mw-page-title-main">Bharti Airtel</span> Indian multinational telecommunications company

Bharti Airtel Limited, commonly known as Airtel, is an Indian multinational telecommunications services company based in New Delhi. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands. Currently, Airtel provides 5G, 4G and LTE Advanced services throughout India. Currently offered services include fixed-line broadband, and voice services depending upon the country of operation. Airtel had also rolled out its Voice over LTE (VoLTE) technology across all Indian telecom circles. It is the second largest mobile network operator in India and the second largest mobile network operator in the world. Airtel was named India's 2nd most valuable brand in the first ever Brandz ranking by Millward Brown and WPP plc.

Docomo Pacific is a wholly owned subsidiary of Japanese mobile phone operator NTT Docomo headquartered in Tamuning, Guam. It is the largest provider of mobile, television, internet and telephone services to the United States territories of Guam and the Northern Mariana Islands.

<span class="mw-page-title-main">Primus Telecommunications (Australia)</span> Australian subsidiary of the telecommunications provider

Primus Telecommunications Pty Ltd. is an Australian telecommunications company and wholly owned subsidiary of Vocus Communications that primarily focuses on fixed, mobile, and broadband services.

PacketVideo Corporation or PV was a San Diego-based company that produced software for wireless multimedia, including the display of video on mobile handsets. The PacketVideo name wasn't actively used after being acquired by Lynx Technology.

NTT DATA Corporation is a Japanese multinational information technology (IT) service and consulting company headquartered in Tokyo, Japan. It is a partially-owned subsidiary of Nippon Telegraph and Telephone (NTT).

<span class="mw-page-title-main">Tata Docomo</span> Indian telecommunications company

Tata Docomo was an Indian mobile network operator, a wholly owned subsidiary of Tata Teleservices deriving its name from NTT Docomo who invested in the company in 2008. In October 2017, Bharti Airtel announced a merger deal with Tata Teleservices and the acquisition of Tata Docomo. As of 21 July 2019, all Tata Docomo users are merged with Airtel network and provided with all the Airtel services.

<span class="mw-page-title-main">Mobile phone industry in Japan</span>

The Japanese mobile phone industry is one of the most advanced in the world. As of March, 2022 there were 199.99 million mobile contracts in Japan according to the Ministry of Internal Affairs and Communications. This is 158 percent of Japan's total population.

<span class="mw-page-title-main">Net mobile AG</span> German telecommunications software provider

The net mobile AG is a publicly traded business-to-business service provider. Its principal activities are in the fields of mobile payment, mobile content and other value-added services, which it offers to mobile network operators, digital media companies, and publishers worldwide. It was founded in 2000. The company has its headquarters in Düsseldorf, Germany. In 2014 it had revenues of about 120 million euros. Theodor Niehues is one of the key people who lead the company to success and achievement.

References

  1. ↑ "Buongiorno Company Profile - TechBehemoths". techbehemoths.com. Retrieved 2023-12-20.
  2. 1 2 "Press Releases | News & Notices | NTT DOCOMO". www.docomo.ne.jp. Retrieved 2023-12-20.
  3. ↑ "Buongiorno UK Ltd - Company Profile and News". Bloomberg.com. Retrieved 2023-12-20.
  4. ↑ Povoledo, Elisabetta (July 8, 2007). "From jokes to ring tones, Buongiorno still evolves". The New York Times .
  5. ↑ "Buongiorno buys into mobile shopping with Glamoo". GoMoNews. July 29, 2010. Archived from the original on August 31, 2010. Retrieved November 27, 2010.
  6. ↑ "NTT Docomo acquires Italy's Buongiorno". The Times Of India. Retrieved 2012-07-07.
  7. ↑ "Mobile customer uncovers premium rate 'bug'". BBC News online. Retrieved 2015-08-05.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.