Comment: Asked to (Transfer Money to India) choose between rice and ringtones

Comment: Asked to (Transfer Money to India) choose between rice and ringtones 

Comment: Asked to choose between rice and ringtones 
The wireless industry's laudable goal of reaching out to the emerging world appears to have been derailed by the credit industry in the year since it was first announced.

Bharti Pilots Money Transfer 
NEW DELHI, India -- Bharti Airtel has joined hands with The GSM Association to launch a pilot programme that will eventually enable over 25 million Indians abroad to remit money to India through their mobile phones.

ICICI Bankrolls India Consumer Boom as Stock Jumps 63 Percent 
Feb. 21 (Bloomberg) -- In 1999, Mumbai-based Pantaloon Retail India Ltd. consisted of five Western-style clothing stores in five cities. Revenue for the chain was 1.35 billion rupees a year. Kishore Biyani, Pantaloon's owner, had ambitions to grow much larger.

Global Money Transfer Pilot Uses Mobile to Benefit Migrant Workers and the Unbanked 
The GSM Association has launched a pilot programme aimed at tapping the ubiquity and ease-of-use of mobile communications to enable the world's 200 million international migrant workers to easily and securely send remittances to their dependents, many of whom don't have bank accounts.

Global Money Transfer Pilot Uses Mobile to Benefit Migrant Workers and the Unbanked 
-