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Uganda introduces investment via mobile phone

Developing Telecoms

Yet another financial innovation using mobile telecommunications has been introduced in Africa. This time, it's an investment product from Ugandas MTN Mobile Money (MTN MoMo), a mobile financial service provider.

Mobile 158
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Gigs Raises $73 Million To Enable Tech Companies To Launch Their Own Mobile Service

Total Telecom

SAN FRANCISCO, 12th of December 2024 Gigs , the operating system for mobile services, today announced that it has raised a $73M Series B led by Ribbit Capital. Democratizing Access To The Mobile Service Market Gigs is radically democratizing access to the mobile service industry.

Mobile 242
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Ukraine’s newest telco to receive $435m investment from EBRD, IFC

Total Telecom

News The move is the largest direct foreign investment in Ukraine since the war began This week, the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) have confirmed they will jointly invest $435 million into Ukraine’s newest converged telco.

Finance 278
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PTCL’s Ubank and Mastercard launch Upaisa debit card

Developing Telecoms

Pakistan Telecommunication Company Limited (PTCL) says that Mastercard has partnered with its fintech subsidiary U Microfinance Bank (UBank) to issue a new physical and virtual debit card for its mobile financial services platform UPaisa.

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Ucom selects Cerillion for digital BSS/OSS transformation

Total Telecom

London, 21 st January 2025 Cerillion (AIM: CER), a leading provider of BSS/OSS-as-a-Service solutions to the telecoms industry, today announced a major new contract with Ucom, one of the leading telecommunications providers in Armenia. It operates large 4G+ and 5G mobile networks, extended fixed fibre network and up-to-date IPTV service.

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Whale Cloud and Alipay+ extend payment tech partnership

Developing Telecoms

Whale Cloud, a leading technology company providing software solutions and services for telecommunications and multiple industries, and Alipay+, Ant Internationals unified wallet gateway service powered by its cross-border mobile payment and digitisation technology, have extended their partnership at MWC 2025.

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U Mobile to Roll Out Malaysia’s Second 5G Network Without State Funding

VoIP Review

U Mobile is setting ambitious plans in motion to implement the countrys second 5G network, remarkably without state funding or new local partnerships. “Lets revisit this in 15 to 18 months and reassess what ‘struggle’ means,” he asserted, demonstrating confidence in U Mobiles financial strategies.

Mobile 110