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Mauritius Telecom to soon launch mobile money service

Monday, 29 April 2019 18:56
Mauritius Telecom to soon launch mobile money service

(Ecofin Agency) - Mauritius Telecom (MT) will soon launch the mobile money service, Sherry Singh (photo), the incumbent operator’s CEO, announced on April 24, 2019. The announcement was made during the opening ceremony of the 39th edition of the conference of the Southern Africa Telecommunications Association (SATA), which he will preside for the 2019-2020 period.  

According to the executive, the service will be introduced in a disruptive fashion and blow the market. He also indicated that the operator was considering an expansion out of the country.

“The role of MT is to help other operators. The fact is that when we successfully implement a model here, it can be replicated somewhere else (…) Technology is nothing if it can’t bring anything to the country. It is useful when it creates value for society,” the CEO added.





 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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