Extended Ericsson and MTN partnership to financially empower millions across Africa

Ericsson (NASDAQ: ERIC) and the MTN Group (JSE: MTN) have strengthened their partnership to enhance mobile financial services and financially empower millions of citizens across Africa. The partnership is set to broaden the scope of financial inclusion from first-time users to high-end business applications, utilizing MTN’s Mobile Money (MoMo) service on the Ericsson Wallet Platform.