mCommerce co-operation

7 Oct 2005

The Austrian cellular operators mobilkom and ONE are teaming up to develop mobile payment solutions in one of the world’s first multi-operator mCommerce schemes. ONE has purchased a one-sixth stake in mobilkom’s mobile payment firm paybox Solutions. The deal will expand paybox’s potential client base to around two million contract subscribers across both networks. Financial details were not disclosed.

Austria, A1 Telekom Austria, Orange Austria