Ericsson has announced a new deal with the largest telecom operator in Taiwan and the latest rollout of its mobile wallet solution across Africa-based MTN Group.
The company said it is expanding an existing contract with Chunghwa Telecom, which sees it supply the operator’s entire core network.
Ericsson said the new deal would boost Chunghwa’s 4G LTE coverage and capacity with the latest mobile broadband technology, including small cells.
The vendor added the expansion was due to the “rapid take-up” of 4G subscriptions and data traffic.
Lin Kuo-Feng, President of Chunghwa Telecom Mobile Business Group, said: "The rapid growth of 4G subscriptions has exceeded our expectations. We see a huge data demand, and shifting consumer behaviour to more data-centric services.”
Meanwhile, MTN Swaziland has deployed Ericsson's Converged Wallet solution to more than 275,000 existing mobile wallet users and 3,000 agents.
The rollout is part of an ongoing partnership between the two companies, which began in Rwanda and has expanded to five additional opcos in the MTN Group.
Ambrose Dlamini, CEO, MTN Swaziland, commented: "Through our work with Ericsson, MTN Swaziland offers MTN Mobile Money to bridge the gap between the region's banked and unbanked populations, providing wide and crucial access to financial services.
“With our rollout of Ericsson Converged Wallet, we have enhanced the stability and security of our mobile financial services offering, while gaining the ability to deliver better mobile financial services offers and bundles as part of our pre-paid services."
Earlier this month, Ericsson announced plans to integrate Verifone software into its wallet solution after signing a partnership with the US-based tech company.