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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Eservglobal Limited | ASX:ESV | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.077 | 0.076 | 0.08 | 0.00 | 01:00:00 |
(Adds detail)
By Simon Zekaria
LONDON--eServGlobal Ltd. (ESV.AU), an Australian telecommunications software company, Thursday said it has penned an agreement with telecom operator Dialog Axiata PLC (DIAL.SL) for a money transfer service in Sri Lanka, without disclosing financial details.
The company, which is also listed in London, said the deal involves HomeSend, a joint venture between eServGlobal, payment card group MasterCard Inc. (MA) and telecom services provider BICS.
Dialog Axiata operates eZ Cash, a mobile money service that provides a network of more than 16,000 transaction points in Sri Lanka, eServGlobal said. The agreement Thursday will see HomeSend operate services globally to send money to eZ Cash accounts.
At 0940 GMT, eServGlobal shares were unchanged in London at 17.5 pence, valuing the company at 44 million pounds ($68.7 million).
Write to Simon Zekaria at simon.zekaria@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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