Monitise In Cloud Platform Agreement With Telefonica
October 21 2015 - 3:24AM
Dow Jones News
LONDON-- Mobile banking and payments technology group Monitise
PLC (MONI.LN) Wednesday announced an agreement with
telecommunications group Telefonica SA's (TEF.MC) digital arm to
explore potential projects based on Monitise's Internet-based
"cloud" platform.
This development is consistent with the Company's transition to
become a cloud business and the Company's guidance for FY 2016
remains unchanged as a result of this announcement," said
Monitise.
-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter:
@RoryGallivan
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(END) Dow Jones Newswires
October 21, 2015 03:09 ET (07:09 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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