16 Dec 2015 07:00
16 December 2015
CDialogues plc
("CDialogues", the "Company" or the "Group")
New project launch
CDialogues plc (AIM: CDOG), the provider of mobile marketing solutions to Mobile Network Operators (MNOs), announces the launch of a new project which is being conducted on behalf of a new MNO customer in Latin America. This is the Company's first project win in Latin America.
The new project is designed to assist the MNO to increase customer loyalty by incentivising its customers to increase network usage resulting in reduced churn and higher revenues.
The Company anticipates that more projects will be launched in the coming quarters which will further diversify the Group's customer base and geographic reach.
The Company also announces that its pre-close trading update for the year ending 31 December 2015 will be announced on Monday 25 January 2016.
Enquiries:
CDialogues Plc | Tel: +30 2106 300 930 |
George Karakovounis | |
Pale Spanos | |
Allenby Capital Limited | Tel: 0203 328 5656 |
David Hart | |
Alex Brearley | |
Walbrook PR Ltd | Tel: 020 7933 8780/ cdialogues@walbrookpr.com |
Paul Cornelius | Mob: 07866 384 707 |
Nick Rome | Mob: 07748 325 236 |
About CDialogues
CDialogues provides mobile marketing solutions enabling MNOs to retain and acquire market share, increase average revenue per user (ARPU) and reducing subscriber churn.
The Company's products and services deliver fully managed solutions, utilizing advanced Data analytics techniques combined with Linguistic engineering marketing, to build awareness and multiply sales and opt-ins of promotional offerings and other mobile content being offered by the MNOs.
The solutions designed by the Company, are tailored and served with the appropriate Linguistic format, to each individual mobile network subscriber typology and geography it operates in, using its proprietary software and scalable infrastructure.
The majority of CDialogues' revenues are derived from a recurring subscription-based revenue model, which has been pioneered by the Company. As a result, the Company benefits from incremental cash flow growth from each new campaign customer and mobile network subscriber.
The Company's near-term focus is on growing both its customer base and expanding its geographic footprint in selected markets in Latin America, Africa and the Middle East, where mobile device penetration and mobile network usage is growing rapidly.
CDialogues has been profitable and cash flow positive since commercial operations began in early 2012.