ESG Eservglobal Limited

 

TIDMESG 
 
RNS Number : 3627N 
eServGlobal Limited 
16 February 2009 
 
 
GSMA selects Belgacom ICS & eServGlobal's HomeSend 
as official International 
Remittance Hub 
 
Barcelona, 16 February 2009 
The GSMA today announced new developments in its Mobile Money Transfer (MMT) 
programme, an initiative that leverages mobile to facilitate access to money 
transfer services. To complement the successful alliance that has been in place 
with Western Union for the past eighteen months, the GSMA has selected Belgacom 
International Carrier Services (Belgacom ICS) and it's technology provider 
eServGlobal, to broaden the reach of the MMT Programme. 
"Since the launch of the MMT programme in 2007, we've made significant progress 
to catalyse the mobile money market," said Michael O'Hara, chief marketing 
officer for the GSMA. "We've delivered live commercial deployments of mobile 
remittances, we've established five active corridors, we've increased the number 
of markets served from three to 54, and we've moved the market from one 
wholesale remittance provider in 2007 to 12 providers today. In addition, we've 
established price points that enable mobile operators to offer services to 
consumers at 4-6% cost - reduced from an original 15-24% - which will make 
remittances much more accessible to a larger addressable market. The partnership 
we're announcing today will serve to further accelerate the availability of 
money transfer and other financial services to a wider section of the global 
community." 
The GSMA and its MMT partners have established a commercial and technical 
framework that enables mobile operators to deploy services that allow consumers 
to send and receive low-denomination, high frequency money transfers using their 
mobile phones. With the alliances with Western Union and Belgacom ICS, the MMT 
programme offers a variety of solutions to mobile operators. Each of the 
partners offers a unique proposition in the mobile money transfer value chain, 
helping to further broaden the scope of the programme and its services. For 
instance, in addition to being a mobile remittance platform, Belgacom ICS' 
HomeSend solution, which was built in partnership with eServGlobal, is capable 
of providing international air time top up. 
More information on the MMT programme is available at 
http://www.gsmworld.com/mmt 
About the GSMA 
The GSMA represents the interests of the worldwide mobile communications 
industry. Spanning 219 countries, the GSMA unites more than 750 of the world's 
mobile operators, as well as 200 companies in the broader mobile ecosystem, 
including handset makers, software companies, equipment providers, Internet 
companies, and media and entertainment organisations. The GSMA is focused on 
innovating, incubating and creating new opportunities for its membership, all 
with the end goal of driving the growth of the mobile communications industry. 
For more information, please visit http://www.gsmworld.com 
About Belgacom ICS 
Belgacom International Carrier Services S.A./NV (Belgacom ICS) is a leading 
global carrier of voice, data and value added services to 500 wireless, wireline 
and service providers through sales offices in Brussels, Bern, Dubai, Singapore 
and New York. 
Belgacom ICS is at the forefront of the international communications industry, 
acting as a catalyst for growth, both in terms of traffic and reach. The company 
aims to enable global interworking across all networks, technologies and 
services. 
As a result of this approach and the joint venture with Swisscom ICS, Belgacom 
International Carrier Services is now the 9th largest wholesale voice carrier 
and a world leader in mobile data transit services. 
For more information, please visit www.belgacom-ics.com 
About eServGlobal 
eServGlobal (LSE: ESG & ASX: ESV) invents smart communication and payment 
services  for telecommunications service providers operating on all generation 
networks. 
 
 eServGlobal's innovative solutions help service providers to 
grow new revenues, reduce churn, and lower costs.  In addition, service 
providers are assured of seamless evolution to new network architectures, such 
as IMS and beyond. 
Over 80 of the world's leading service providers, with over 400 million mobile 
subscribers in more than 50 countries, are taking advantage of eServGlobal's 
end-to-end solutions and expertise to quickly deliver revenue-generating 
services. With 14 offices around the world and staff from 20 different 
countries, we provide flexible solutions with ongoing product development, based 
on a deep understanding of our customers' challenges. 
eServGlobal is listed on the Australian Stock Exchange (ASX: ESV) and the London 
Stock Exchange AIM market (LSE: ESG). In the year to 30 June 2008, eServGlobal 
reported a net profit after tax of A$10.4 million, up 91.5% from the previous 
year. A dividend of 3 cents per share was paid for the full year ending 30 June, 
2008, an increase of 50% over the previous year's dividend payment. More 
information can be found at: www.eservglobal.com 
 
Ian BudderyNumis Securities Limited                                         Tel: 
+44(0)20 7260 1000 
Executive ChairmanNominated Advisor, Brent 
Nabbs 
eServGlobal LimitedCorporate Broking, David Poutney 
 
For further information, please contact: 
+----------------------------------------+----------------------------------------+ 
| eServGlobal                            | www.eservglobal.com                    | 
+----------------------------------------+----------------------------------------+ 
| Sally Bennett, Communication Manager   | T: +33 1 46 12 77 46                   | 
| sally.bennett@eservglobal.com          | F: +33 1 46 12 77 49                   | 
+----------------------------------------+----------------------------------------+ 
|                                        |                                        | 
+----------------------------------------+----------------------------------------+ 
 
 
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            The company news service from the London Stock Exchange 
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