Articles tagged with: World Bank and Iden

Financial Applications on Cell Phones to Attract 2.2 Billion Users in the Next Five Years

Eight financial applications for mobile phones are forecasted to become part of the daily routine of nearly 2.2 billion mobile phone users worldwide over the next five years, says a new market research study released by the Insight Research Corporation. According to the market analysis study, these eight mobile financial applications will generate nearly $124 billion for application developers and for the cell phone companies providing access to these applications on their networks over the forecast period.  more

Related Tags: , ict, tim, ovi, mobile-banking

Cambodian Phone Network Gets Funding for Rural Coverage

IFC, a member of the World Bank Group, has organized a US $100 million investment in Cambodian mobile network operator, CamGSM to help strengthen the telecommunications sector and expand access to affordable mobile services in rural areas. IFC is providing up to $40 million from its own account and has mobilized an additional $60 million from ABN AMRO, Cordiant Capital, DnB NOR, and Nordea.  more

Related Tags: rural, tim, ovi, mobile-internet, millicom, ifc, Cambodia