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MTN, Sanlam in novel health venture

Jan 19 2011 18:36 Reuters

Company Data

Sanlam Limited [JSE:SLM]

Last traded 67.53
Change -0.87
% Change -0.01
Cumulative volume 7026640
Market cap 146.30bn

Last Updated: 30/10/2014 at 04:27. Prices are delayed by 15 minutes. Source: McGregor BFA

MTN GROUP LIMITED [JSE:MTN]

Last traded 239.34
Change -4.06
% Change -0.02
Cumulative volume 2499897
Market cap 442.39bn

Last Updated: 30/10/2014 at 04:27. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg -  MTN Group [JSE:MTN] and insurer Sanlam [JSE:SLM] said on Wednesday they have teamed up to offer health services through mobile handsets.

The agreement will enable MTN and Sanlam Health to deliver medical advice to mobile phone users, some of whom may be miles from a hospital or medical facility.

With millions of mobile subscribers in Africa, mobile phones and related devices could play a major role in helping increase access to some healthcare services.

The GSM Association, the global trade association of mobile network operators, said recently that mobile health services such as hotlines could transform healthcare for poor people, just as mobile money is revolutionising financial services.

The health service will be available from the first quarter of 2011, MTN said.

Sanlam is South Africa's second-largest insurer.

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