MoneyWorks4Me

Tata Communications and MasterCard join forces to empower 100 million women

30 Sep 2015 Evaluate

Tata Communications and MasterCard are planning to financially empower 25,000 women in the developing world, part of a larger vision to ultimately reach 100 million women. The global telecommunications leader and the leader in global payments technology join forces with a unique network of partners including Brightstar Corp, Kiva, Tone, Trickle Up and the Hidary Foundation to bring their shared vision to life over the next five years through access to transformative mobile platforms comprising a range of financial, health and education applications and services. In developing countries 200 million fewer women than men are online, and 300 million fewer women own a mobile phone .

The company, MasterCard and its network of partners will realize this vision by taking a non-linear implementation approach as is often taken in the technology sector. The program will kick-off with pilot projects in India, Nigeria, Indonesia and Guatemala, targeting 25,000 women, serving as microcosms. The replication of these microcosms will enable scale with a vision to reach 100 million women by 2020.

Tata Communications is a leading global provider of a new world of communications. With a leadership position in emerging markets, Tata Communications leverages its advanced solutions capabilities and domain expertise across its global and pan-India network to deliver managed solutions to multi-national enterprises, service providers and Indian consumers.

Peers
Company Name CMP
Bharti Airtel 1830.00
Vodafone Idea 13.84
Indus Towers 377.50
Tata Communications 1732.70
Railtel Corp. India 260.40
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