Myriad ‘on track for 1bn users’
VALUE ADDED SERVICES| Feb. 23, 2012, 1:08 p.m.
Myriad, which powers mobile social and web for any connected device, is on track to reach a billion mobile social network users this year.
Myriad is in use by the likes of Orange, Vodafone, Mobinil and Telefonica to take Facebook & Twitter to Africa and other emerging markets.
The company said in a statement this week: “With only one in every 32 phones being a smartphone in the region, Myriad is opening up new markets and creating huge revenue opportunities for carriers. For instance, in the first week of launch one carrier signed over 50,000 paying subscribers to their social networking service.
Being one of the few companies to successfully monetize social experiences on the mobile devices, Myriad has attracted very strong interest from carriers in both developed and emerging markets. With such a strong pipeline, Myriad is on track to deliver social networking services to over 1 billion mobile users by end of 2012.”
Available on nearly any mobile phone, subscribers who have limited or no access to data can connect to their favorite social networks, such as Facebook, Twitter and Flickr via Myriad Updates. Powered by Myriad's mobile social networking platform, Xumii, Myriad Updates presents a person's social network activity on the screen as text using the USSD bearer, thus enabling users to stay connected without having to install an app or requiring a data plan.
MORE VALUE ADDED SERVICES NEWS
SimbaPay announces single money transfer of up to $45,000 to AfricaSimbaPay says it is revolutionizing the remittance space through its official announcement of raising the single transaction limit to a whopping $45,000. This is substantially higher than the previous transaction limit of $3,000. Read More
VAS industry threatens traditional mediaMahindra Comviva says the rise of value-added services (VAS) industry could significantly displace traditional media in future. Read More
Keeping up with the mobile banking evolutionAfrica especially has witnessed the trend of mobile banking, due to the well-known fact that today more people on the continent have access to a mobile phone than electricity. Read More
ALTON, WASPAN kick against NCC’s VAS regulatory frameworkThe Association of Licenced Telecommunications Operators of Nigeria (ALTON) and Wireless Application Service Providers of Nigeria (WASPAN) have opposed the NCC's regulatory framework for the Value Added Services subsector. Read More
MTN Ghana soon to pay interest on Mobile Money Wallet savingsThe over six million registered customers of MTN Mobile Money will soon stand a chance of earning some interest on money kept in their wallets. Read More
Tigo Pesa customers pocket $2.3m/- in quarterly profit shareTigo Pesa users in Tanzania have been paid a total of $2.3m/- as profit share paid every quarter by Tanzania’s leading digital lifestyle telco. Read More
Jongla launches ‘lightest’ instant messaging service in AfricaJongla has announced that it is launching its fast, open and light instant messaging app in Africa at the Mobile West Africa conference taking place in Lagos. Read More
Surfline introduces mobile top-up codeSurfline Communications has introduced another convenient way for customers to top up their Surfline account and activate their 4G LTE internet bundles. Read More
Airtel Money Ghana launches biggest reward scheme yetAirtel Ghana has announced the launch of the biggest scheme to reward customers who recharge or purchase airtime with Airtel Money. Read More
Letshego becomes licensed MasterCard Issuer in MozambiqueBotswana born Letshego Holdings Limited has announced it has received its official principle issuer license from MasterCard in Mozambique. The partnership will see further payment innovations being introduced into the market to its financial inclusion efforts. Read More
FEATURED STORYCriticism over Remita borne out of ignorance, says SystemSpecs
The CEO of SystemSpecs, the company behind the revenue-saving Nigerian Single Treasury Account (TSA) system, speaks to Biztechafrica.
BEST READ NEWS
IN DEPTHIBM Opens First Cloud Data Centre in South Africa
IBM is opening a new IBM Cloud Data Centre in Johannesburg, South Africa. The new cloud center is the result of a close collaboration with Gijima and Vodacom and is designed to support cloud adoption and customer demand across the continent.
COMPANY NEWSKeeping up with the mobile banking evolution
Africa especially has witnessed the trend of mobile banking, due to the well-known fact that today more people on the continent have access to a mobile phone ...