CDialogues PLC New Project Launch (1769J)
December 16 2015 - 1:00AM
UK Regulatory
TIDMCDOG
RNS Number : 1769J
CDialogues PLC
16 December 2015
16 December 2015
CDialogues plc
("CDialogues", the "Company" or the "Group")
New project launch
CDialogues plc (AIM: CDOG), the provider of mobile marketing
solutions to Mobile Network Operators (MNOs), announces the launch
of a new project which is being conducted on behalf of a new MNO
customer in Latin America. This is the Company's first project win
in Latin America.
The new project is designed to assist the MNO to increase
customer loyalty by incentivising its customers to increase network
usage resulting in reduced churn and higher revenues.
The Company anticipates that more projects will be launched in
the coming quarters which will further diversify the Group's
customer base and geographic reach.
The Company also announces that its pre-close trading update for
the year ending 31 December 2015 will be announced on Monday 25
January 2016.
Enquiries:
CDialogues Plc Tel: +30 2106 300 930
-------------------- ----------------------------------------------
George Karakovounis
-------------------- ----------------------------------------------
Pale Spanos
-------------------- ----------------------------------------------
Allenby Capital Tel: 0203 328 5656
Limited
-------------------- ----------------------------------------------
David Hart
-------------------- ----------------------------------------------
Alex Brearley
-------------------- ----------------------------------------------
Walbrook PR Tel: 020 7933 8780/ cdialogues@walbrookpr.com
Ltd
-------------------- ----------------------------------------------
Paul Cornelius Mob: 07866 384 707
-------------------- ----------------------------------------------
Nick Rome Mob: 07748 325 236
-------------------- ----------------------------------------------
About CDialogues
CDialogues provides mobile marketing solutions enabling MNOs to
retain and acquire market share, increase average revenue per user
(ARPU) and reducing subscriber churn.
The Company's products and services deliver fully managed
solutions, utilizing advanced Data analytics techniques combined
with Linguistic engineering marketing, to build awareness and
multiply sales and opt-ins of promotional offerings and other
mobile content being offered by the MNOs.
The solutions designed by the Company, are tailored and served
with the appropriate Linguistic format, to each individual mobile
network subscriber typology and geography it operates in, using its
proprietary software and scalable infrastructure.
The majority of CDialogues' revenues are derived from a
recurring subscription-based revenue model, which has been
pioneered by the Company. As a result, the Company benefits from
incremental cash flow growth from each new campaign customer and
mobile network subscriber.
The Company's near-term focus is on growing both its customer
base and expanding its geographic footprint in selected markets in
Latin America, Africa and the Middle East, where mobile device
penetration and mobile network usage is growing rapidly.
CDialogues has been profitable and cash flow positive since
commercial operations began in early 2012.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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