Another example is Turkcell, which is Turkey's biggest mobile phone company.

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On Tuesday all bidders dropped out of the auction in Turkey for a new digital (second generation) mobile phone licence.

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The result in turn is a range of mobile wallet payment systems in Austria, France, Turkey and elsewhere.

FORBES: Written by Marty Beard

The impetus is likely to come from operators, such as Turkey's Turkcell, which see it, along with other mobile payment systems, as an additional revenue stream.

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