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Vetrya: agreement for mobile payment services in China

Signed contracts for the provision of mobile payment services on mobile operators in Hong Kong - The agreements will allow for the provision of services for the main telecommunications operators present in the territory of the Chinese state.

Vetrya, an Italian group active in the development of digital services, cloud computing platforms, application solutions and broadband services, announces that it has signed contracts, through its subsidiary Vetrya Asia Pacific, with integrators for the provision of mobile payment services on operators furniture present in the Hong Kong market.

“The results obtained by Vetrya Asia Pacific, also following the contracts signed since its opening which took place last January, and the positive response to our offer demonstrate that the decision to invest in the South East Asian market was correct – declared Luca Tomassini, President and Chief Executive Officer of the Vetrya group – The agreements signed will allow us to provide digital services (particularly mobile payment services) to the most important telecommunications operators in Hong Kong, creating significant added value for our Customers and Vetrya, with potential positive medium-term impacts on the revenues and margins of the entire group taking into account the reference market. Having entered the Hong Kong market means anticipating our entry into China”

Vetrya Asia Pacific is the Vetrya Group company which supports the main national and international industrial groups in Southeast Asia and in particular telecommunications operators, media companies, broadcasters, publishers, content providers and utilities. The headquarters of the business unit is located in the Menara Citibank central business district in Kuala Lumpur, Malaysia.

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