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Onmobile Global signs pacts for Latin American markets

Wed Jul 15, 2009 10:42am IST
 
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MUMBAI (Reuters) - Onmobile Global Ltd has signed agreements with Telefonica Internacional, S.A.U, Spain to provide value-added services (VAS) across networks of Telefonica in 13 Latin American countries, it siad on Wednesday.

Onmobile will supply all the specialised VAS equipment and will spend over $50 million to build the business in the Latin American markets of Telefonica, it said in a statement to the stock exchange.

(For more news on Reuters Money click in.reuters.com/money)

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