Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. View here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMobile Streams Regulatory News (MOS)

  • There is currently no data for MOS

Streams Mexico exceeds subscriber target

2 Sep 2021 07:00

RNS Number : 4622K
Mobile Streams plc
02 September 2021
Β 

2 September 2021

Β 

Mobile Streams plc

("MOS" or "the Company")

Β 

Streams Mexico service exceeds subscriber target by 250%. Over 3,500 subscribers now signed up in first month alone.

Mobile Streams plc, the AIM quoted mobile content and data intelligence company, is delighted to announce that its LiveScore service in Mexico, which was launched at the end of July, has exceeded its August subscriber target by 250% with over 3,500 subscribers now signed up. Based on this number of subscribers, we estimate that this service in Mexico alone should generate at least $1.5 million over 3 years in additional revenue for the Company.

Β 

Users of the service are charged one dollar each week via their phone bill and then revenue is passed directly to MOS on 30 day terms from our Mexican telco partner Telcel. With a combination of a very easy sign on and billing process aligned with ever greater content delivered via our Streams platform and partnership with Quanta we estimate the number of subscribers and revenue growing significantly over the coming months.

Β 

Following on from our successful Mexican launch the Company is in advanced discussions on launching this service in several additional markets over the coming months. A further announcement on this will be made as soon as appropriate.

Β 

Andrew Deeks, CEO of QMG, said:

"We are delighted with the great take up of the service in Mexico, it clearly demonstrates the appetite for the offering and we expect subscriber numbers and revenue to keep growing significantly in the weeks, months and years ahead."

Nigel Burton, Non-Executive Director, said:

"We've been extremely pleased with the results to date. Although this is just the start, we believe this service will generate significant revenue for the business. Indeed the August launch figures alone are very impressive."

Β 

.

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

Β 

About Streams Data

The Streams Data business provides data insight, intelligence and visualisation services and marketing optimisation tools. The enterprise level bespoke service achieved first revenues in June 2020, and the Streams SaaS ("Software as a Service") self-service platform generated initial customer revenues in October 2020. Enterprise clients include The Economist and Quanta Media Group.

Β 

For further information, please contact:

Β 

Mobile Streams plc

Nigel Burton, Non-Executive Director

+44 77 8523 4447

www.mobilestreams.com

Β 

Beaumont Cornish (Nominated Adviser)

JamesΒ BiddleΒ and Roland Cornish

+44 (0) 20 7628 3396

Peterhouse Capital Limited (Broker)

Lucy Williams, Duncan Vasey and Eran Zucker

+44 (0) 20 7469 0930

Β 

Β 

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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Β 
END
Β 
Β 
UPDEAXNFEFXFEFA
Date   Source Headline
17th May 201110:20 amRNSAppitalism Now Offers 7 Convenient Payment Choices
5th Apr 20117:00 amRNSMobile Internet Subscriber Base Passes 750,000
23rd Mar 20115:36 pmRNSOptions Granted
23rd Mar 20119:44 amRNSFacebook App version of Appitalism App Store
18th Mar 20112:27 pmRNSIssue of Equity
17th Mar 20112:10 pmRNSInterim Results
10th Mar 20114:28 pmRNSJoint Agreement with Infosys Technologies
11th Feb 20117:00 amRNSResolution of Zoombak Services Agreement
27th Jan 20117:00 amRNSLaunch of Optimized Version of Appitalism
25th Jan 20117:00 amRNSDirectorate Changes
25th Jan 20117:00 amRNSTrading Update
23rd Dec 20104:56 pmRNSIssue of Equity
8th Dec 20101:38 pmRNSAsset Sale - Domain Name
18th Nov 20103:09 pmRNSChange of Financial Year End
18th Nov 20107:00 amRNSCorporate Restructuring
18th Nov 20107:00 amRNSAppitalism Music Catalogue Passes 10 Million Items
15th Nov 20105:40 pmRNSIssue of Equity
29th Oct 20105:23 pmRNSIssue of Equity
21st Oct 20107:00 amRNSGlobal Rollout of Appitalism Service
21st Oct 20107:00 amRNSGlobal Rollout of Appitalism Service
28th Sep 20109:35 amRNSZoombak Management Services Agreement
17th Sep 20101:56 pmRNSHolding(s) in Company
16th Sep 20105:24 pmRNSHolding(s) in Company
15th Sep 20103:49 pmRNSLaunch of Appitalism
15th Sep 20103:12 pmRNSInterim Results
15th Sep 20109:25 amRNSHolding(s) in Company
21st Jul 20107:00 amRNSTrading Update
18th May 20104:32 pmRNSResult of AGM
27th Apr 20102:27 pmRNSAnnual Report and Notice of AGM
9th Apr 20107:00 amRNSArgentina Subscriber Milestone
24th Mar 20107:00 amRNSFinal Results
20th Jan 20107:00 amRNSTrading Statement
10th Dec 20097:00 amRNSLaunch of New Mobile Service Lines in Argentina
7th Dec 20097:00 amRNSChange of Registered Office
12th Nov 20099:41 amRNSAppointment of Chief Operating Officer
29th Sep 20097:00 amRNSDirectorate Changes
22nd Sep 20097:00 amRNSInterim Results
15th Sep 20097:00 amRNSLaunch of Mobile Internet Games Portal
27th Aug 20097:00 amRNSMobile Internet Services Launched in Argentina
11th Aug 20097:00 amRNSMobile Streams Establishes Smartphone R&D Center
21st Jul 20097:00 amRNSTrading Update and Directorate Change
10th Jun 20097:00 amRNSLaunch of SMS Subscription Services in Argentina
27th May 20098:59 amRNSAppointment of Broker
11th May 200912:08 pmRNSResult of AGM
5th May 200911:38 amRNSNotice of AGM and Annual Report
5th May 20097:00 amRNSRingtones.com launches in the US
24th Mar 20097:00 amRNSFinal Results
20th Mar 20093:44 pmRNSChange of Registered Office
19th Mar 20097:00 amRNSChange of Adviser
20th Jan 20097:00 amRNSTrading Statement

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.