Mobile Streams plc Mobile Streams' new market initiative in Indonesia
22 Janeiro 2019 - 5:00AM
RNS Non-Regulatory
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Mobile Streams plc
22 January 2019
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Mobile Streams' new market initiative in Indonesia
London, United Kingdom - 22 Jan 2019 - Global mobile content
retailer, Mobile Streams (AIM:MOS), today announces the imminent
launch of its mobile games services in Indonesia.
Mobile Streams has engaged an experienced local consultant to
represent their mobilegaming.com services in the largest market for
mobile games in Southeast Asia (Newzoo.com) in terms of
revenue.
The Indonesian market shares a number of similarities with
India: it is the sixth largest country in terms of smartphone users
(Newzoo.com) yet smartphone penetration is very low, at
approximately 27%. Also, while India's mobile gaming market is the
fastest growing in terms of average spend per user, Indonesia's is
only just behind (starting from a higher base).
The Directors believe an initial launch with a local partner
will facilitate the adoption of a mobile games service with local
telecom operators quicker than a direct approach. Additionally,
Mobile Streams will also pursue direct agreements with telecom
operators.
Simon Buckingham, CEO of Mobile Streams said: "Since the
beginning of the financial year, the company has considered a
number of markets to complement Latin America and India. We
strongly believe that Indonesia, a sizable market with a population
of over 250 million, provides the best opportunity to achieve
positive results in both the short and long term."
-ends-
Media Contact:
Simon Buckingham
CEO
e: simonb@mobilestreams.com
Notes to Editors
About Mobile Streams
Founded in 1999, Mobile Streams distributes mobile content
directly to consumers through its mobilegaming.com cross-platform
games store. In 2006, the company completed its Admission to AIM
(LON: MOS). Mobile Streams operates globally through subsidiaries
in North America, Latin America, Europe and Asia Pacific.
ENDS
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END
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January 22, 2019 02:00 ET (07:00 GMT)
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