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Telenor aims for 45 mln Asian mobile money users in 3 years

Thursday 5 March 2015 | 12:16 CET | News
Telenor is aiming to be the market leader in mobile money in Asia, said Tine Wollebekk, head of financial services at Telenor. Speaking on the sidelines of the Mobile World Congress in Barcelona, she said the company aims to have 45 million mobile money customers in Asia in three years. It will first aim at expanding its footprint, before then moving on to revenue growth. The group aims to replicate the success of its EasyPaisa service, active in Pakistan, in Myanmar, which Wollebekk said is a 98 percent cash-based society.

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Categories: Mobile & Wireless
Companies: Telenor / Telenor Myanmar / Telenor Pakistan
Countries: Asia / Myanmar
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