The acquisition comes in the wake of launching an intrapreneur programme in April 2016, as well as openly establishing an agenda to develop and expand its footprint in mobile financial services.
According to Telenor, Prabhu is a multi-country international remittance platform that provides transfer services to various customer groups.
More than that, Telenor is already exploring the deployment and utilisation of mobile healthcare information services in Bangladesh.
The acquisition of Telenor is present in 13 markets across Asia and Europe and already holds a 49% stake in DiGi.Com, which is Malaysia’s third largest telephony company.
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