Ericsson powers MTN Uganda’s mobile money services

Ericsson said telecom service provider MTN Uganda has deployed the Ericsson Converged Wallet platform to offer mobile financial services to 7 million MTN Uganda mobile wallet users and 50,000 agents. MTN used the Ericsson Converged Wallet ...

Bharti Softbank picks up 36% stake in ScoopWhoop Media

Bharti Softbank said its joint venture BSB Portal has acquired 36.5 percent stake in ScoopWhoop Media which creates and curates content that gets shared through social networks. ScoopWhoop website and mobile application have approximately 20 ...

IMImobile acquires mobile messaging business TxtLocal

IMImobile today announced the acquisition of TxtLocal (TextLocal), a cloud based, mobile messaging business. The mobile VAS vendor did not share the financial details. Based in Chester and Malvern, TextLocal enables SMBs to benefit from mobile ...

Telenor banka starts mobile banking services in Serbia

Telenor said it opened its first wholly-owned financial institution Telenor banka in Serbia to offer mobile banking services. In Serbia, some 80 percent of transactions are currently performed in cash. The online bank is set to encourage more ...