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724 Solutions enters the wireless telco space with new secure mobile software

News | 10/30/2001 5:00 am EST

Toronto-based 724 Solutions Inc. is touting the benefits of transactional-based revenue over traditional per-minute sources as it introduces a new line of products aimed at wireless service providers. Company executives are arguing that, unlike the traditional model of charging for minutes used or per kilobit of data downloaded, a new transaction-based revenue model will allow carriers to charge for such things as alert notification and m-commerce applications.

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