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27 June 2011
| Alex Hawkes
The Chinese mobile money company SmartPay and the Belgium telco BICS have entered an agreement to offer mobile remittances from Europe, Asia-Pacific and the Middle East to China.
SmartPay will utilise the HomeSend remittance hub, which was
formed through a strategic partnership between BICS and the
mobile money solutions provider eServGlobal. It allows for the
real-time transfer of various types of funds, including airtime
or money, to fund sources, such as bank accounts, credit...
Asia-Pacific is home to three of the world’s top-ten economies, but its markets are competitive and carriers must innovate faster to combat shrinking margins.
China Telecom has announced an exclusive deal with Microsoft to sell the company’s Xbox One gaming console in the country.
China Mobile has revealed plans to install over 500,000 4G base stations by the end of 2014.
BICS has today revealed a PoP in Johannesburg, South Africa, in a bid to enhance its African presence and offer operators better transit quality for traffic exchange in the region.
Three operators are set to enter Kenya’s thriving mobile money market as part of a shake-up in the industry, according to local reports.
Chinese vendor Huawei has signed a global licence agreement with Ranplan to implement small cell wireless networks.