Wednesday, February 1, 2012

yu calls on Safaricom to open up M-PESA service to rivals

Indian-owned mobile phone operator Essar Telecom Kenya, which operates under the ‘yu’ brand name, has called on market leader Safaricom to open up its mobile money transfer service M-PESA to other networks. yu manager Madhur Taneja said that the cellco would be willing to pay royalties to Safaricom, the country’s number one operator by subscribers, for the shared use of M-PESA, and blamed the underwhelming impact of mobile number portability (MNP) on the fact that Safaricom customers are unwilling to risk losing their access to the mobile banking solution, regardless of their network preferences


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OVETEL yu calls on Safaricom to open up M-PESA service to rivals

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