SpaceX IPO is the biggest IPO in stock market history. Join the conversation.Click here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAMO.L Regulatory News (AMO)

  • There is currently no data for AMO

Contract Win

3 Oct 2018 07:00

RNS Number : 7629C
Amino Technologies PLC
03 October 2018
 

AMINO TECHNOLOGIES PLC

 

("Amino", the "Company" or the "Group")

 

Amino wins 'upcycling' contract as T-Mobile Netherlands enables new TV experiences on existing base

 

Dutch telecoms provider takes smart, cost-effective route to upgrading TV and video entertainment across its customer base

 

Amino Technologies plc (LSE AIM: AMO), the global provider of media and entertainment technology solutions to network operators, has secured a new contract to deliver an 'upcycling' programme for existing customer T-Mobile Netherlands that will transform the operator's installed base of legacy TV devices to meet the expectations of today's connected consumer.

 

T-Mobile will deploy AminoOS software, which allows already deployed devices to be 'upcycled' to deliver an upgraded TV experience - including integration with the latest media players - while also extending the investment in an operator's installed base.

 

The AminoOS software also enables a smooth and low-risk transition to a new platform with minimal subscriber disruption, removing the need for expensive customer visits or replacement hardware.

 

T-Mobile will also benefit from a range of cloud-based remote assistance and device management capabilities- fully integrated into their own monitoring tools - to ensure consumers are given high levels of support during and after the transformation process. In addition, these tools also lower operational expenditure by helping reduce both the number and duration of customer calls.

 

Donald McGarva, Amino's CEO, said:

 

"Our 'upcycling' capabilities are a market-proven solution for operators who wish to enable all customers to benefit from next-generation TV experiences without having to replace existing set-top boxes.

 

"This contract demonstrates further progress against our strategic objectives and shows success in converting our solid pipeline of opportunities. T-Mobile's deployment of our AminoOS solution underlines that we can not only enable delivery of great content via a new platform but also provide the proven service assurance tools to ensure an operator can manage the customer during the migration."

 

Marieke Snoep CCO at T-Mobile added:

 

"This is an exciting time for T-Mobile and we are pleased to work with a trusted and experienced partner in Amino. The AminoOS solution allows us to cost-effectively offer all our customers a leading-edge TV service that meets their demand for advanced capabilities in a multiscreen, multidevice world."

 

Currently, T-Mobile provides mobile and broadband services to four million customers with over 200,000 subscribers to its T-Mobile Thuis (Home) TV service which combines both broadcast and over-the-top (OTT) feeds.

 

As part of the contract, T-Mobile will also deploy additional Amino Aria HEVC-enabled devices to further drive new subscriber growth.

 

 

To learn more about how Amino helps TV Operators upcycle legacy devices, you can download its upcycling e-book at aminocom.com/upcycling. 

 

Ends

 

About Amino

Amino is a global leader in media and entertainment technology solutions and an IPTV pioneer, working with over 250 operators in 100-plus countries. Drawing on more than 20 years' experience delivering IP/cloud innovation, Amino enables operators to meet the challenges they face as broadcast TV and online video moves to an all-IP future with managed over-the-top (OTT) offerings. We are expert in software, hardware and cloud implementation - able to deploy our own leading-edge technologies and integrate these with third-party and 'upcycled' legacy systems. At the forefront of the evolution of TV Everywhere, Amino helps operators to provide the features and functionality modern consumers are looking for in a multiscreen, multi-device entertainment world.

 

Having deployed over 10 million customer premise devices and the software necessary to link the back end to the user interface, we understand the issues operators face. We partner with operators to deliver end-to-end, operator-ready solutions that enable next-generation customer experiences. We 'upcycle' existing infrastructure to support more advanced services and integrate seamlessly with new technologies to form a unified ecosystem. The result is a fresh consumer offering based on a consistent user experience across all screens, building brand reputation, stemming churn, growing subscribers and increasing average revenue per user (ARPU).

 

Amino Communications is a wholly-owned subsidiary of Amino Technologies PLC and listed on the London Stock Exchange Alternative Investment Market (AIM: symbol AMO), with headquarters in Cambridge, United Kingdom, and global offices in California, Finland, Hong Kong and Portugal. For more details, visit http://www.aminocom.com

 

 

For further information please contact:

 

Amino Technologies plc

+44 (0)1954 234100

Donald McGarva, Chief Executive Officer

Mark Carlisle, Chief Financial Officer

 

finnCap Limited (NOMAD and Joint Broker)

+44 (0)20 7220 0500

Matt Goode / Carl Holmes / Simon Hicks - (Corporate Finance)

Tim Redfern / Richard Chambers - (ECM)

 

 Liberum Capital Limited (Joint Broker)

 +44 (0)20 3100 2000

Cameron Duncan / Bidhi Bhoma

 

FTI Consulting LLP (Financial communications)

+44 (0)20 3727 1000

Jamie Ricketts / Alex Le May / Darius Alexander

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
NRAMTBRTMBBMBPP
Date   Source Headline
2nd Oct 20177:00 amRNSDirectorate Change
29th Sep 20175:24 pmRNSDirector/PDMR Shareholding
25th Sep 201710:46 amRNSDirector/PDMR Shareholding
25th Sep 201710:43 amRNSHolding(s) in Company
19th Sep 20173:29 pmRNSHolding(s) in Company
18th Sep 201711:13 amRNSDirector/PDMR Shareholding
18th Sep 20177:00 amRNSGerman Contract Win
14th Sep 20177:00 amRNSAmino powers Android TV set-top box for DNA
6th Sep 201712:02 pmRNSDirector/PDMR Shareholding
1st Sep 20175:15 pmRNSTotal Voting Rights
1st Sep 20173:28 pmRNSHolding(s) in Company
30th Aug 20174:22 pmRNSHolding(s) in Company
30th Aug 20174:22 pmRNSDirector/PDMR Shareholding
30th Aug 201710:10 amRNSHolding(s) in Company
30th Aug 201710:10 amRNSDirector/PDMR Shareholding
15th Aug 20177:00 amRNSDirector/PDMR Shareholding
11th Aug 20173:01 pmRNSTransaction in Own Shares
9th Aug 201712:40 pmRNSHolding(s) in Company
9th Aug 20178:17 amRNSDirector/PDMR Shareholding
9th Aug 20178:15 amRNSHolding(s) in Company
7th Aug 201712:23 pmRNSHolding(s) in Company
18th Jul 201710:02 amRNSDirector/PDMR Shareholding
18th Jul 201710:00 amRNSHolding(s) in Company
11th Jul 20177:00 amRNSHalf-year Report
3rd Jul 20178:59 amRNSGTD to deploy Amino ENABLE
20th Jun 20174:08 pmRNSHolding(s) in Company
6th Jun 20177:00 amRNSTrading Update
26th May 20175:29 pmRNSDirector/PDMR Shareholding
22nd May 20177:00 amRNSDirector/PDMR Shareholding
15th May 20178:54 amRNSDirector/PDMR Shareholding
9th May 20173:46 pmRNSHolding(s) in Company
8th May 20175:28 pmRNSDirector/PDMR Shareholding
28th Apr 20174:49 pmRNSHolding(s) in Company
29th Mar 201711:30 amRNSResult of AGM
24th Feb 20179:10 amRNSAnnual Report and Notice of Annual General Meeting
14th Feb 20172:36 pmRNSIssue of Equity
9th Feb 20174:02 pmRNSHolding(s) in Company
7th Feb 201712:39 pmRNSDirector/PDMR Shareholding
7th Feb 20177:00 amRNSFinal Results
17th Jan 20179:57 amRNSHolding(s) in Company
16th Jan 20173:44 pmRNSHolding(s) in Company
8th Dec 20167:00 amRNSTrading Update and Notice of Results
29th Nov 20161:50 pmRNSExtension of Option Exercise Period
29th Nov 20169:00 amRNSCom Net selects Amino's FUSION "IoT" solution
16th Nov 20164:12 pmRNSHolding(s) in Company
10th Nov 20165:48 pmRNSHolding(s) in Company
10th Nov 20165:47 pmRNSHolding(s) in Company
31st Oct 20168:00 amRNSCapital Markets Day
25th Oct 20169:00 amRNSAdoption of Financial Reporting Standard FRS 102
24th Oct 20164:24 pmRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.