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Gana Media Group PLC M&A Activity 2017

Nov 28, 2017

7792_rns_2017-11-28_d9b56763-dd0c-40d2-8da3-ad4299471011.html

M&A Activity

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National Storage Mechanism | Additional information

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RNS Number : 6495X

Mobile Streams plc

28 November 2017

28 November 2017

Mobile Streams plc

("Mobile Streams" or the "Company")

(AIM: MOS)

New India partner agreement

Continued commitment to Indian market

Mobile Streams PLC (AIM: MOS), the emerging markets focused mobile media company, is pleased to announce that it has signed a new direct carrier billing agreement with a mobile network operator that has over 100 million potential customers.

Once the technical integration with the carrier's network has been completed, these consumers now will have the ability to sign up for the Company's mobilegaming.com download and online games subscription services and charge that service conveniently to their mobile account.

This is the fifth direct carrier billing agreement that the Company's local Indian subsidiary has signed giving it a total potential reach of over 850 million customers.

Commenting, Simon Buckingham, CEO of Mobile Streams said: "The signing of this latest carrier billing agreement is a reaffirmation of our commitment to the Indian market. We are excited by this new partnership as the carrier has a history of stability in the Indian telecoms market."

Enquiries: 

Mobile Streams 

+1 347 669 9068

Simon Buckingham, Chief Executive Officer 

Enrique Benasso, Chief Financial Officer 

N+1 Singer (Nominated Adviser and Broker) 

+44 (0)20 7496 3000

Alex Price 

Alex Laughton-Scott

This information is provided by RNS

The company news service from the London Stock Exchange

END

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