(Sharecast News) - AIM-listed mobile content and data intelligence company Mobile Streams has announced a "major" strategic partnership contract with International Gaming Systems.
Mobile Streams said the contract is expected to deliver "significant" revenue and that its monthly revenue across all services is set to exceed $120,000 this month.
The revenue share contract with IGS will see IGS's gaming and entertainment services launched and made available globally via the MOS website mobilegaming.com and via MOS telco contracts when ready.
These services will begin in the first quarter of this year with the initial launch of a FIFA Esports tournament involving a Eurasian football league and a trading service for online gaming skins.
These will precede the rollout of further Esports, gaming and content services that IGS will deliver via Mobilegaming.com.
IGS chief executive Anders Holmstedt said: "I am delighted to announce this major strategic partnership with Mobile Streams. With our gaming and entertainment content and their delivery platform we have enormous scope to grow services and revenue.
"We can't wait to get going with the partnership, first with our Esports competition and Skins trading but then with much more to come."
At 1530 GMT, Mobile Streams shares were up 12% at 0.48p.
Mobile Streams (MOS)25 Mar 2024 20:43
CORRECT: Mobile Streams loss narrows to GBP289,000
(Correcting that Mobile Streams narrowed its loss.)