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Kennet Rådne

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Telia takes Accumulate stake

July 3rd, 2012

Mobile operator TeliaSonera has invested in Stockholm-based mobile payments specialist Accumulate, which supplied the technology underpinning the Swedish networks’ WyWallet service announced last week. “Our partnership with Accumulate is a result of increased interest in making transactions with the mobile phone,” says TeliaSonera’s Kennet Rådne. Terms of the deal have not been disclosed.