Asia Briefs: Huawei, Docomo stream video in 5G field test, StarHub deploys 4G hetnet in Marina Bay & more
Pakistan’s Zong complains to regulator about 1.8GHz interference
eBay strengthens m-payments with Zong buy
eBay has made a major push into mobile payments, acquiring Silicon Valley-based Zong, a specialist in carrier billing. The online auction giant will pay approximately US$240 million in cash for the firm and expects the deal to close in the third quarter. Zong boasts connections with more than 250 mobile operators worldwide, offering “localised, secure and easy-to-use payments capabilities for digital goods and services” in 21 languages and 45 countries.
Zong calls for lower operator revenue shares
LIVE FROM GSMA MOBILE MONEY SUMMIT 2011: Mobile payment network enabler Zong today stressed the need for operators to reduce their revenue share from transactions if the m-commerce industry is to fulfil its potential of grabbing a significant portion of the US$500 billion e-commerce market.
Be the first to know.
Subscribe to our newsletter today.
You'll gain exclusive access to breaking news, expert analysis, and in-depth features delivered right to your inbox.