Telia Mobile and Ledstiernan invest in company for mobile electronic valuables
Telia Mobile and Ledstiernan announced their investment of a total of 6,5 MSEK
in the wireless company TicketAnywhere, a subsidiary of NetLight Consulting.
TicketAnywhere develops a platform for the handling of mobile valuables, such as
tickets, coupons and vouchers. This platform is a step toward the development of
the mobile phone as an extension of the wallet.
are pleased to have been able to secure investors that are our strategic match,
their long term perspective and commitment to the field of mobile Internet is
invaluable. To do this given the current frosty climate on the VC-market feels
like something of a victory, says Patrik Wahlström, CEO TicketAnywhere.
have invested 4 MSEK for 12,9 per cent of the shares in TicketAnywhere. Telia
Mobile have Ledstiernan have invested 2,5 MSEK, corresponding to an 8,1 per cent
share in the company. The share issue is accompanied by options, that will give
Ledstiernan a 32,2 per cent share after full dilution and Telia Mobile 19,4 per
cent share respectively of the company.
fits very well with our investment focus, technology and infrastructure projects
within wireless communications. The technology that TicketAnywhere represents
can bring substantial savings to industries where the management and processing
of tickets and other electronic valuables are an integral part of the business,
for example within airline passenger services, says Jan Carlzon, Chairman of the
Board, Ledstiernan and previously CEO of SAS.
distribution and redemption of valuables
adds customer value by managing the electronic distribution and redemption of
valuables such as tickets, coupons and vouchers. By making a booking or
ticketing system accessible via the consumer’s mobile phone, a direct, digital
and more efficient channel is established between buyers and sellers.
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