Vringo, Inc. (VRNG) and du Agree to Launch Subscription Video Service, Expanding Vringo’s Potential Customer Base to Approximately 13 Million Subscribers
Vringo, a provider of software platforms for mobile social and video applications, announced today that it has reached an agreement with the United Arab Emirates’ integrated telecom service provider, du, to offer its esteemed mobile video service to du’s customers in the United Arab Emirates. This agreement boosts Vringo’s potential customer base to approximately 13 million subscribers within UAE’s two mobile operators. These two operators represent the entirety of the UAE wireless market.
“We are pleased to announce our latest carrier agreement with du in the United Arab Emirates,” said Andrew Perlman, Vringo’s President and Chief Executive Officer. “In the past few years, du has realized significant gains in market share and is growing further still. Now, as du makes a concerted effort to increase its data and value-added service offerings, our innovative technology will allow the mobile operator to provide an exciting new mobile video service to its growing subscriber base. We look forward to launching with du as we continue to expand Vringo’s reach in both the Middle East and other emerging markets around the world.”
“We are always looking for new, exciting ways in which to add to our customers’ experience, to add life to their life in the most surprising, value-adding ways. By partnering with Vringo, we are bringing a fresh, dynamic dimension to our customers’ experience,” said Farid Faraidooni, du’s Chief Commercial Officer.
The service Vringo will be providing to du customers is a video ringtone service consisting of a web, WAP, and mobile app experience that allows customers to create, download, and share high quality mobile video. Once Vringo’s service is active, du customers will gain access to all of the platform’s service capabilities, including Vringo’s extensive library of over 12,000 video ringtones.
For more information, please visit www.vringo.com
About QualityStocks
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net
Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment