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Interim Management Statement

17th Apr 2015 07:00

RNS Number : 4817K
Zamano PLC
17 April 2015
 



zamano plc

17 April 2015

 

 

zamano plc

 

Interim Management Statement

 

17 April 2015

 

Zamano (AIM: ZMNO | ESM: ZAZ), the mobile payments and marketing company, today announces that it is now an approved direct carrier billing partner with Three Ireland and has successfully connected to Three Ireland for Direct Operator Billing / Carrier Billing. This connection covers all of Three's customers including those obtained during the recent acquisition of O2. Three represents approximately 36% of the mobile market in Ireland according to latest figures.

Zamano is in the process of developing the required platform infrastructure to allow merchants to sell goods directly by processing payments via direct carrier billing to Vodafone Ireland (already connected) and Three customers. Meteor, the outstanding large carrier, has approximately 18% market share. The final 8% is made up of Mobile Virtual Network Operators (MVNOs). Zamano intends connecting to Meteor's intermediate solution dubbed "Transaction SMS" while they implement full carrier billing.

Ross Conlon, CEO of Zamano plc, commented "Getting direct connections to Mobile Networks Operators' carrier billing systems is a key objective for the group and becoming an approved direct carrier billing partner with Three Ireland has taken the Group a step closer to this goal".

 

For further information, please contact:

 

zamano plc

Ross Conlon, Chief Executive Officer

Tel: + 353 1 554 7313

Michael Connolly, Chief Financial Officer

Tel: +353 1 554 7261

 

Investec Corporate Finance

Shane Lawlor/Conor Murtagh

Tel: + 353 1 4210000

 

Cenkos Securities

Derrick Lee/Neil McDonald

Tel: + 44 (0) 131 220 6939

 

 

 

Media Enquires:

 

MCOMM Communications Consultants

Richard Moore

Tel: +353 1 661 9428

Mob: +353 87 241 4751

Email: [email protected]

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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