We are disrupting the mobile operator industry by creating an open marketplace for buying and selling of mobile data. Our vision is to create a global marketplace using blockchain, where everyone on this planet has the opportunity to buy and sell mobile data packages and liberate mobile data. The Telco industry is a complicated, fragmented mess and so 1990’s. There are a handful of Telcos in each country, isolated silos that don’t interoperate properly with each other on the mobile market. Telco users are stuck in a trap, where their purchased data packages expire every month, even if they paid for it. We are striving to liberate it, while creating new opportunities for Telcos too.
The 15th edition of Asia Carriers Conference recently took place in the Philippines, and was a good opportunity for MEF to touch base with an important market.
The Asian Telecom market is growing: local companies are becoming bellwether players globally, and global companies are looking at Asia with interest if not just for the healthy growth in traffic in the region. The increase in population, higher economic growth, and increasing take up of telecommunication service are ingredients for a strong market in wholesale.