Malaysian telco DiGi expands 3G network

On 02.08.10, In Mobile, By Editor

www.WirelessFederation.com/news: The HSDPA-enabled 3G network has been expanded by Malaysian mobile operator DiGi Telecommunications, offering theoretical downlink speeds of up to 14.4Mbps, in Sarawak, in line with its previously announced expansion plans.

68% of the population in Ipoh and 45% of those living in Kuching is covered by the launch and it is expected to reach 98% and 55% respectively by the end of March 2010. MYR100 million (USD29 million) investment has been further planned by DiGi to further enhance its footprint in Sarawak and Perak in the next three years.

According to DiGi CEO Johan Dennelind, DiGi was aiming to offer services in three further Malaysian states by the end of this year, with Johor Baharu said to be the next target and also added that DiGi’s existing 3G network already has coverage of almost 100% of Kota Kinabalu as well as 70% of both Penang and the Klang Valley, having inaugurated commercial services in March 2009 in the latter.

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Danal Receives $9.5 Million in Venture Financing

On 06.25.07, In Mobile, By Editor

Danal Inc., the U.S. subsidiary of the South Korea-based mobile payment service company Danal Co., has received $9.5 million in venture financing, primarily through Morgenthaler Ventures.

Danal pioneered the use of mobile phones plans to charge for goods and services online, starting in South Korea in 2000. The service is now used throughout Asia. In 2006 South Koreans charged more than $1 billion worth of transactions. Danal will use the $9.5 million to commercialize its mobile payment services in the U.S.

“Danal has a significant lead and is in the best position to dominate the U.S. market,” said Ken Gullicksen, a partner at Morgenthaler Ventures, in a statement. “Danal created this category. It is the market leader in South Korea, Taiwan and China. And, it is the only mobile payment provider to have commercialized this service on a large enough scale to guarantee a high quality of service and security to customers.”

   

 

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Mobile payment company Danal gets $9.5M

On 06.22.07, In Mobile, By Editor

Danal Inc. said Thursday it received $9.5 million in new venture financing.

San Jose-based Danal is the U.S. subsidiary of South Korea’s Danal Co. Ltd., a mobile payment service company.
The round was led by Morgenthaler Ventures, which has an office in Menlo Park. The South Korean parent company also contributed to the funding.

Danal’s service, which allows consumers to purchase goods and services online by charging their regular mobile phone bills, has wide adoption in Asia. In 2006, South Koreans alone charged more than $1 billion worth of transactions — representing 70 percent of all digital content purchased online — to their mobile phone bills.

Danal said it will use the financing to add to its team, commercialize its mobile payment service in the U.S. and strengthen its relationships with mobile carriers and merchants.

   

 

 

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