Telenor to divest Wave Money and exit Myanmar mobile banking

05 January 2022

Telenor is exiting Myanmar mobile banking

Telenor is exiting Myanmar mobile banking

Norwegian telecoms operator has agreed to sell its 51% stake in Wave Money, one of Myanmar's biggest mobile payment services, to a consortium led by Singapore-listed Yoma Strategic Holdings, its main partner in the business.

The sale of the operator’s 51% share will give Yoma Group chairman Serge Pun a 75%  stake in Wave Money, with the deal expected to close in the next few days.

A previous attempt in June 2020 to sell its stake in Wave Money to Yoma Strategic Holdings was never finalised, after Ant Financial dropped plans to invest in the venture.

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Axiata on its direct carrier billing platform

20 December 2021

Bangladeshi mobile operator Robi Axiata has been added to mobile technology company Fortumo’s payments platform.

Merchants using the latter platform can now collect payments from more than 52 million Robi and Airtel subscribers through direct carrier billing.

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Viettel joins mobile money ranks

17 December 2021

The State Bank of Vietnam has allowed Viettel to pilot mobile money service, just a week after licensing MobiFone and Vietnam Posts and Telecommunications Group (VNPT) to do likewise.

Viettel customers will be able to use their mobile subscription as a bank account, buying and selling low-value goods and services, as well as directly withdrawing, depositing, and transferring funds.

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PTA introduces use-friendly CMS mobile app

11 November 2021

Pakistan Telecommunication Authority (PTA) has launched "user-friendly" complaint management system (CMS) mobile application aimed at facilitating telecom consumers in registering their complaints. 

The app is designed to provide ease and facilitation to the public for lodging complaints pertaining to telecom services. Consumers can register their complaints related to telecom services, mobile registration/Device Identification Registration and Blocking System (DIRBS), web content reporting and stolen handset blocking.

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