Mobile Communications: “some in the Telecommunications Industry Have Become Billionaires”

FinanceFWD

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The big fintechs like Nubank or Klarna have started with their own mobile tariffs. The company in the background is the German-American start-up gig, for which founder Hermann Frank collected almost 100 million dollars from investors. Now he wants to attack in Germany. The telecommunications industry was the great tech success of the 1990s – and the rapid rise has made some in the industry billionaires and millionaires, says Hermann Frank (38). …

manager magazin

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Major fintechs like Nubank and Klarna have launched their own mobile phone plans. The company behind them is the German-American startup Gigs, for which founder Hermann Frank has raised nearly $100 million from investors. Now he wants to launch in Germany.