Earlier this week we celebrated a major milestone at Telepin - we reached the milestone of surpassing one million merchants active on its global customer's mobile money networks. Additionally, the company now services over 132 million subscribers via mobile operator deployments in the Middle East, South East Asia, Africa, and the Americas.
The growth of mobile money, mobile commerce, and mobile payments continues as the single most value added service on which operators have focused their attention the last several years. The overall growth of our customer’s merchant networks and the significant achievement of one million active merchants truly illustrates the market need for our solutions. And based on market activity, the explosion of these markets will continue for the next few years. We see greater demand for our mobile transaction platforms than we ever have globally