Firm with 80 per cent of UK mobile numbers fails to monetise them, sold to O2

Weve fails to generate workable tapcash fabric

Weve, the mobile marketing consortium of EE, O2 and Vodafone, is being sold to O2. The organisation, which was formed with 38m from its wealthy parents under the codename "Project Oscar" fought significant regulatory hurdles with the aim of building a common technology for mobile NFC payments."