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PLDT, Rocket Internet create m-payments JV

2015-01-06 13:20:00| Telecompaper Headlines

(Telecompaper) Philippine Long Distance Telephone (PLDT) and Rocket Internet have signed a definitive agreement to establish a global joint venture for payment services with a focus on emerging markets. Each of the two partners will hold a 50 percent stake in the joint venture. This project was envisaged as a global partnership that was initiated by the pre-IPO investment of PLDT in Rocket in 2014.

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Category:Telecommunications

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