Euronet Worldwide Acquires Three Prepaid Companies
Euronet Worldwide has announced that it has completed the acquisition of three new prepaid companies, one each in Spain (Telecarga), the UK (ATX Software) and the US (Dynamic Telecom).
"We are capitalizing on the growing prepaid market, and our acquisitions in the prepaid sector allow us to significantly expand our presence in some of the leading and emerging electronic top-up markets in the U.S. and Europe," said Michael J. Brown, Euronet chairman and CEO."The acquisitions of Telerecarga, ATX and Dynamic Telecom enable us to leverage the combined expertise of these established companies in their respective regions and reinforce our position as the largest multinational provider of prepaid processing, or top-up services, for prepaid mobile airtime."
Additionally, Euronet is in the process of exploring market opportunities for its EFT business segment in new and emerging markets.
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