UK changes force Zamano to wind up busineses

Mobile services company may return cash to shareholders if no alternatives found

3rd February, 2017
Changes hit mobile services group Zamano

Dublin-listed mobile services group Zamano has announced plans to wind down its existing businesses due to the impact of recent regulatory changes in Britain.

Payforit, a payment system developed by mobile operators, has changed the way they charge mobile users for content. It has had a significant impact on Zamano’s performance, and the company said this morning it had not been able to secure replacement revenue...

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