GSMA awards eServGlobal HomeSend
February 16 2009 - 4:38AM
UK Regulatory
TIDMESG
RNS Number : 3627N
eServGlobal Limited
16 February 2009
GSMA selects Belgacom ICS & eServGlobal's HomeSend
as official International
Remittance Hub
Barcelona, 16 February 2009
The GSMA today announced new developments in its Mobile Money Transfer (MMT)
programme, an initiative that leverages mobile to facilitate access to money
transfer services. To complement the successful alliance that has been in place
with Western Union for the past eighteen months, the GSMA has selected Belgacom
International Carrier Services (Belgacom ICS) and it's technology provider
eServGlobal, to broaden the reach of the MMT Programme.
"Since the launch of the MMT programme in 2007, we've made significant progress
to catalyse the mobile money market," said Michael O'Hara, chief marketing
officer for the GSMA. "We've delivered live commercial deployments of mobile
remittances, we've established five active corridors, we've increased the number
of markets served from three to 54, and we've moved the market from one
wholesale remittance provider in 2007 to 12 providers today. In addition, we've
established price points that enable mobile operators to offer services to
consumers at 4-6% cost - reduced from an original 15-24% - which will make
remittances much more accessible to a larger addressable market. The partnership
we're announcing today will serve to further accelerate the availability of
money transfer and other financial services to a wider section of the global
community."
The GSMA and its MMT partners have established a commercial and technical
framework that enables mobile operators to deploy services that allow consumers
to send and receive low-denomination, high frequency money transfers using their
mobile phones. With the alliances with Western Union and Belgacom ICS, the MMT
programme offers a variety of solutions to mobile operators. Each of the
partners offers a unique proposition in the mobile money transfer value chain,
helping to further broaden the scope of the programme and its services. For
instance, in addition to being a mobile remittance platform, Belgacom ICS'
HomeSend solution, which was built in partnership with eServGlobal, is capable
of providing international air time top up.
More information on the MMT programme is available at
http://www.gsmworld.com/mmt
About the GSMA
The GSMA represents the interests of the worldwide mobile communications
industry. Spanning 219 countries, the GSMA unites more than 750 of the world's
mobile operators, as well as 200 companies in the broader mobile ecosystem,
including handset makers, software companies, equipment providers, Internet
companies, and media and entertainment organisations. The GSMA is focused on
innovating, incubating and creating new opportunities for its membership, all
with the end goal of driving the growth of the mobile communications industry.
For more information, please visit http://www.gsmworld.com
About Belgacom ICS
Belgacom International Carrier Services S.A./NV (Belgacom ICS) is a leading
global carrier of voice, data and value added services to 500 wireless, wireline
and service providers through sales offices in Brussels, Bern, Dubai, Singapore
and New York.
Belgacom ICS is at the forefront of the international communications industry,
acting as a catalyst for growth, both in terms of traffic and reach. The company
aims to enable global interworking across all networks, technologies and
services.
As a result of this approach and the joint venture with Swisscom ICS, Belgacom
International Carrier Services is now the 9th largest wholesale voice carrier
and a world leader in mobile data transit services.
For more information, please visit www.belgacom-ics.com
About eServGlobal
eServGlobal (LSE: ESG & ASX: ESV) invents smart communication and payment
services for telecommunications service providers operating on all generation
networks.
eServGlobal's innovative solutions help service providers to
grow new revenues, reduce churn, and lower costs. In addition, service
providers are assured of seamless evolution to new network architectures, such
as IMS and beyond.
Over 80 of the world's leading service providers, with over 400 million mobile
subscribers in more than 50 countries, are taking advantage of eServGlobal's
end-to-end solutions and expertise to quickly deliver revenue-generating
services. With 14 offices around the world and staff from 20 different
countries, we provide flexible solutions with ongoing product development, based
on a deep understanding of our customers' challenges.
eServGlobal is listed on the Australian Stock Exchange (ASX: ESV) and the London
Stock Exchange AIM market (LSE: ESG). In the year to 30 June 2008, eServGlobal
reported a net profit after tax of A$10.4 million, up 91.5% from the previous
year. A dividend of 3 cents per share was paid for the full year ending 30 June,
2008, an increase of 50% over the previous year's dividend payment. More
information can be found at: www.eservglobal.com
Ian BudderyNumis Securities Limited Tel:
+44(0)20 7260 1000
Executive ChairmanNominated Advisor, Brent
Nabbs
eServGlobal LimitedCorporate Broking, David Poutney
For further information, please contact:
+----------------------------------------+----------------------------------------+
| eServGlobal | www.eservglobal.com |
+----------------------------------------+----------------------------------------+
| Sally Bennett, Communication Manager | T: +33 1 46 12 77 46 |
| sally.bennett@eservglobal.com | F: +33 1 46 12 77 49 |
+----------------------------------------+----------------------------------------+
| | |
+----------------------------------------+----------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUNOKRKARUARR
Eservglobal (LSE:ESG)
Historical Stock Chart
From Sep 2024 to Oct 2024
Eservglobal (LSE:ESG)
Historical Stock Chart
From Oct 2023 to Oct 2024