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Mobile Streams expands into Brazil and India

Staff writer ▼ | January 30, 2015
Mobile Streams chief executive Simon Buckingham has told investors of his excitement over the group's expansion into key market such as Brazil and India.
Mobile Streams
Mobile Streams   The smartphone app seller
The smartphone app seller has revealed that its services can now be billed and marketed to consumers on all four major Brazilian mobile carriers. At the latest count the number of active subscribers in Brazil has now exceeded 35,000.

In India, meanwhile, talks are underway with the country's top three mobile operators with a view to using their carrier billing services.

Mobile Streams said it expects to launch mobile Internet services before the end of the current financial year, and it has already signed agreements with two partners that provide games services to handset makers.

Efforts also continue in Africa, where the company is initially focusing on high potential growth markets such as Nigeria, Kenya and Ghana. This month, a deal was agreed with a Nigerian mobile operator for apps and games, and a separate arrangement with another Nigerian operator was expanded.

"Our strategy to offer our mobile internet services in large emerging markets is progressing," Buckingham said in a statement.

"We remain excited about opportunities to grow our presence during calendar year 2015, particularly in Brazil and India."

Mobile Streams provided information on the group's trading in the six months to December 31, saying its performance was in line with expectations.