cloudy.png
Wednesday February 19th, 2020 4:59PM

Spanish tech show assessing cost of cancellation over virus

By The Associated Press
Related Articles
  Contact Editor

BARCELONA, Spain (AP) — Organizers of the world’s biggest mobile technology fair say the cost of cancelling the annual Mobile World Congress (MWC) is not yet known and that the motivation behind the decision was purely related to health and safety concerns over the virus outbreak from China.

Mats Granryd, director general of the GSMA organizing body said Thursday they could not discuss the costs, as it was “early days yet.”

“It’s not about money,” Granryd told reporters in Barcelona.

The decision to scrap the Feb. 24-27 event in Barcelona was taken Wednesday after dozens of tech companies and wireless carriers dropped out over what has recently been dubbed COVID-19, including major companies like Ericsson, Nokia, Sony, Amazon, Intel and LG. The companies cited concerns for the safety of staff and visitors.

John Hoffman, chief executive of GSMA, said they had considered a scaled-down event but “all of our buyers have indicated they would not attend.” He said they looked at the data Wednesday and concluded that the “vast majority of those who planned to attend were not going to be there.”

He said postponing it was discarded as it was “impossible to predict when this situation is going to conclude.”

Describing it as “a very dark day,” Hoffman said that the group nevertheless looked forward to hosting the event again in Barcelona in 2021.

  • Associated Categories: Associated Press (AP), AP World News, AP Business, AP Business - Corporate News
© Copyright 2020 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Spanish tech show assessing cost of cancellation over virus
Organizers of the world’s biggest mobile technology fair say the cost of cancelling the annual Mobile World Congress (MWC) are not known yet
6:49AM ( 5 minutes ago )
10 Things to Know for Today
Get ready for Thursday, Feb. 13 with a few things to know about the day’s news from The Associated Press
6:29AM ( 24 minutes ago )
401(k)s hit records as workers sock away more, stocks jump
Fidelity Investments says the average 401(k) balance rose to a record $112,300 last year
6:27AM ( 26 minutes ago )
Associated Press (AP)
Scandal-hit Nissan sinks into losses as sales plummet
Nissan, reeling from a scandal over its former superstar executive Carlos Ghosn, says it sank into red ink for the latest quarter as its vehicle sales fell around the world
5:00AM ( 1 hour ago )
UK regulators probe Barclays CEO's link to Jeffrey Epstein
Britain’s financial watchdog is investigating whether Barclays chief executive Jes Staley disclosed full details of his relationship with the late convicted sex offender Jeffrey Epstein
4:49AM ( 2 hours ago )
Airbus CEO sees no short-term benefit from Boeing MAX woes
Airbus' chief executive says his company sees no short-term benefit from Boeing's troubles with its grounded 737 MAX because the competing A320 is sold out years ahead
4:47AM ( 2 hours ago )
AP Business
Spanish police arrest former oil executive sought by Mexico
Mexican officials say a former head of Mexico's state oil company has been arrested in Spain on a international warrant issued by Mexico
7:47PM ( 11 hours ago )
Chief executive at MGM Resorts says he'll step down
The head of casino giant MGM Resorts International says he’ll step down soon as the company finds a successor
7:35PM ( 11 hours ago )
Pope avoids question of married priests in Amazon document
Pope Francis has refused to approve the ordination of married men to address the priest shortage in the Amazon
6:53PM ( 12 hours ago )
AP Business - Corporate News
10 Things to Know for Today
Get ready for Thursday, Feb. 13 with a few things to know about the day’s news from The Associated Press
6:29AM ( 24 minutes ago )
401(k)s hit records as workers sock away more, stocks jump
Fidelity Investments says the average 401(k) balance rose to a record $112,300 last year
6:27AM ( 26 minutes ago )
Sudanese gov't reaches settlement deal with USS Cole victims
Sudan's transitional government says it's reached a settlement with families of the victims of the 2000 attack on USS Cole in Yemen, in a bid to have the African country taken off the U.S. terrorism list
6:21AM ( 32 minutes ago )
UK's Boris Johnson shakes up Cabinet with hirings, firings
British Prime Minister Boris Johnson is shaking up his government, firing and appointing ministers to key Cabinet posts
6:18AM ( 35 minutes ago )
In South, Bloomberg aims to move past stop-and-frisk remarks
Michael Bloomberg is on a two-day campaign swing through the South
6:03AM ( 50 minutes ago )