Swedish operators form m-payments JV

Swedish mobile operators Telia, Tele2, Telenor and Three have formed a mobile payments joint venture expected to mimic those of operators elsewhere in Europe and the US. Mobile-pay services offered by the venture – which is owned equally by all four operators – is planned for a launch in summer 2012. Recruitment of a new CEO is underway. More information will be published about the venture early next year.