Rome, Kuala Lumpur, 24 March 2015 – TI Sparkle, the International Services arm of Telecom Italia Group announces an exclusive cooperation with Tranglo to provide International Airtime Transfer service to its mobile operator customers globally. TI Sparkle’s customers can now enable their subscribers to transfer airtime credit to end users of more than 200 mobile operators globally.
End-users can access International Airtime Transfer service with the recipient’s mobile phone number by either sending a text message or through a mobile app. Users immediately receive a message with instructions on how to complete the transaction, followed by the various denominations available to be transferred to the recipient mobile number and transaction confirmation.
“With International Airtime Transfer we want to support the growing need of the migrant community of gifting airtime to their loved ones back home”, says Fabrizio Gorietti, VP Marketing at TI Sparkle. “International Airtime Transfer is a low capex intensive solution that guarantees security and speed of the transaction, and that can be easily integrated by any of our customers through APIs“.
“Tranglo is very proud to team up with TI Sparkle to offer International Airtime Transfers service. This tie-up will be highly strategic to penetrate the vast untapped market potential in Europe and Americas” says Mohammad Gharaybeh, Executive Director of Tranglo.
According to Berg Insights, the International Airtime Transfer market is growing rapidly globally and will reach $ 4.4 billion in 2017.
About Telecom Italia Sparkle
Telecom Italia Sparkle S.p.A. (TI Sparkle) is the wholly owned subsidiary of Telecom Italia Group (NYSE:TI) with the mission to develop and consolidate the Italian telco’s international services business. As a leading global carrier, TI Sparkle offers a full range of IP, Bandwidth, Mobile Data and Voice solutions to fixed and mobile operators, Internet service providers (ISPs), Media and Content providers and to Multinational enterprises. Its sales force is active worldwide and distributed over 39 countries.
Tranglo is a leading international mobile financial transactions hub operator that enables cross-border airtime exchange, money transfer and bill payment via its award-winning innovative solutions gloTransfer and gloRemit. Tranglo works with prominent mobile operators and financial institutions, vendors/resellers/distributors, remittance service providers across the globe through its local offices in London, Dubai, Malaysia and Jakarta. For more info on Tranglo, please visit www.tranglo.com or www.facebook.com/tranglo