Kuwait-based telecom firm Zain today said it has bagged an award from the World Mobile Congress in Barcelona for its contribution in mobile banking services.
Zain is currently in exclusive talks with Bharti Airtel till March 25 for selling its African assets.
It has won the inaugural GSMA's 2010 "mobile money for the unbanked service" award for its mobile commerce service.
This is a new catagory of award that recognises innovative mobile banking around the world that pioneers the roll-out of low-cost financial services to millions of people, in countries where traditional financial services are either not within easy reach or unavailable, Zain said in a statement.
"Not only are we pushing the boundaries of where the mobile phone can take us, we are showing that we can improve lives and make sustainable economic contributions in the countries where we operate," Zain Africa CEO Chris Gabriel said.
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