31st Aug 2018 10:04
LONDON (Alliance News) - Shares in Mobile Streams PLC rose on Friday as it said it has launched a new digital wallet for its services in Argentina, representing the company's expansion into Latin America.
Shares in the mobile content retailer were up 12% at 1.15 pence on Friday.
The new wallet will provide Mobile Streams the means to generate revenue from a wider range of customers as it allows the user to pay using their mobile device.
"We are delighted to partner launch the new digital wallet on mobilegaming.com. While Argentina is a challenging market at this moment it remains an attractive market with growing smartphone ownership. We believe that the launch of the digital wallet on our stores is an important step in growing our subscriber base and increasing revenue," said Chief Executive Officer Simon Buckingham.
Related Shares:
Mobile Streams