fivecents IMO Huff was recently in India to get stored value program in high gear after Miami switch was installed. I am looking forward to core business store value cards to kick in those 30-40% margins with $250,000,000 revs showing up on our balance sheet by 2006. Yeepeeeeeeeeee.
"We will expand our Stored Value programs in Mexico, the Philippines and India, the three largest money remittance markets in the world.
We will begin expansion by adding calling card functionality to millions of debit cards in Mexico in the first half of 2005 and will repeat the process in India and the Philippines. We will also expand our prepaid calling services into new markets in the second half of 2005. A full telephony product line will be introduced in the first quarter of 2005 and launched in key markets by June 2005.
Our goal is to have 6 million Stored-Value cards and over 1 million MasterCard money remittance customers worldwide by 2006.
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