Guyana Telephone and Telegraph Company (GT&T) has announced that it will soon be launching a mobile money service, allowing customers to use their handsets to complete financial transactions, Stabroek News reports, citing the company’s CFO Sonita Jagan. The new offering is expected to be available before April this year and the company has already signed agreements with several utility companies to receive bill payments through the system. Jagan noted that the service would likely be used most by people in Guyana’s rural areas to send money to family in the urban areas on the coast.
GT&T also announced that it would be rolling out a Wi-Fi service across the University of Guyana campus. Details regarding pricing are yet to be decided, though the cost is likely to be in the region of GYD100 (USD0.50) per hour, Jagan added. Similar networks have been lined up for future expansion, including the university’s Berbice campus, the Guyana National Stadium and Stabroek Market.