Ericsson & MTN collaborate on M-wallet services
(firmenpresse) - STOCKHOLM, SWEDEN -- (Marketwire) -- 02/27/12 --
* Strategic m-commerce partnership announced at Mobile World Congress
2012 in Barcelona, Spain
* The agreement sees early adopter MTN become the first operator to
deploy Ericsson Converged Wallet across its operations in Africa and
the Middle East
* Partnership based on co-development and co-operation drives innovation
and change in mobile financial services
Ericsson (NASDAQ: ERIC) and MTN Group are establishing a strategic
partnership to
launch m-wallet services in Africa and the Middle East. MTN will become
the
first operator to deploy Ericsson Converged Wallet platform, a new
complementary
service to the integrated pre-paid charging system and mobile financial
services
solution for MTN consumers in those regions.
The new solution delivers a fast track route for MTN to quickly introduce
relevant, new and differentiated m-wallet market offerings to its Mobile
Money
customers to create an optimized user experience.
The partnership between Ericsson and MTN supports the operators' strategy
to
secure a flexible, reliable and efficient solution in the area of mobile
financial services. As part of the co-operation, Ericsson will offer a
prime
integrator engagement model encompassing software, systems integration and
managed operation services.
Christian de Faria, MTN Group Chief Commercial Officer, said: "Optimizing
the
Mobile Money consumer experience directly impacts consumer stickiness, and
with
Ericsson Converged Wallet we can now address our strategic priorities by
enabling rapid response to our consumer's preferences and expectations."
MTN has more than 5 million Mobile Money subscribers in 12 countries.
President and Chief Executive Officer of Ericsson, Hans Vestberg, said:
"2012
will be the year of partnerships across the emerging m-commerce eco-system.
MTN
has long been an early adopter in mobile money, and this new partnership
builds
on our ongoing relationship of collaboration. Driving accelerated time to
market for operators and linking wallet accounts to purchases across
multiple
payment systems is a clear next step in next generation mobile financial
services."
The development of the Ericsson Converged Wallet follows a period of close
co-
operation between Ericsson and MTN Group, highlighting MTN's ongoing
commitment
to innovation - it was one of the first operators to deploy Ericsson's pre-
paid
solution back in 1998. Ericsson is the first technology enabler to
integrate a
charging system and mobile financial services solution.
Ericsson Converged Wallet solution is built for high volume and secured
transactions. It also delivers operational efficiencies by providing a
single
configuration tool and rating engine for all packages, prices, promotions,
policies and notifications.
MTN will initially deploy the Ericsson Converged Wallet as a pilot in
selected
MTN operations during 2012, with a view to roll out the solution across all
its
operations in Africa and the Middle East.
NOTES TO EDITORS
Our multimedia content is available at the broadcast room:
Ericsson is the world's leading provider of communications technology and
services. We are enabling the Networked Society with efficient real-time
solutions that allow us all to study, work and live our lives more freely,
in
sustainable societies around the world.
Our offering comprises services, software and infrastructure within
Information
and Communications Technology for telecom operators and other industries.
Today
more than 40 percent of the world's mobile traffic goes through Ericsson
networks and we support customers' networks servicing more than 2 billion
subscribers.
We operate in 180 countries and employ more than 100,000 people. Founded in
1876, Ericsson is headquartered in Stockholm, Sweden. In 2011 the company
had
revenues of SEK 226,9 billion (USD 35.0 billion). Ericsson is listed on
NASDAQ
OMX, Stockholm and NASDAQ, New York stock exchanges.
ABOUT MTN GROUP
Launched in 1994, the MTN Group is a multinational telecommunications
group,
operating in 21 countries in Africa, Asia and the Middle East. The MTN
Group is
listed on the JSE Securities Exchange in South Africa under the share code:
"MTN." As of 30 September 2011, MTN recorded over 158 million subscribers
across its operations in Afghanistan, Benin, Botswana, Cameroon, Cote
d'Ivoire,
Cyprus, Ghana, Guinea Bissau, Guinea Republic, Iran, Liberia, Nigeria,
Republic
of Congo (Congo Brazzaville), Rwanda, South Africa, Sudan, Swaziland,
Syria,
Uganda, Yemen and Zambia. Visit us at and
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originality of the information contained therein.
Source: Ericsson via Thomson Reuters ONE
[HUG#1589095]
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Datum: 27.02.2012 - 02:00 Uhr
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