Pakistan raises $1.1bn from spectrum auction
Pakistan’s government has auctioned 3G and 4G spectrum licences, generating around $1.1bn as a result.
Telecoms.com
Zong
Card.io purchase works out PayPal’s mobile arm
Transaction giant PayPal added another tool to its arsenal for occasional merchants this week with the acquisition of San Francisco startup Card.io. The firm develops an application that enabled users to capture credit card information using the camera on a smartphone.
Paypal ups ante in carrier billing space
PayPal owner eBay has added to its arsenal in the mobile payments space with the $240m acquisition of Zong, a transaction firm with strong ties to Facebook and expertise in carrier billing.
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