Mobile Streams plc MOS launching virtual cricket game in India on Jio (9819P)
June 23 2022 - 5:39AM
UK Regulatory
TIDMMOS
RNS Number : 9819P
Mobile Streams plc
23 June 2022
23 June 2022
Mobile Streams plc
("MOS" or "the Company")
Mobile Streams launching virtual cricket game in India on Jio
network
Mobile Streams plc is delighted to announce that it will be
launching a special customised version of the 11 Wickets cricket
game in India on the country's largest phone network Jio. The game
will be available across the Jio network within the next week to
their 400 million subscribers including over 150 million smartphone
users who will be able to access the game directly from the Jio
Game store.
11 Wickets is a highly popular fantasy cricket game which
features the Indian actor Sanjay Dutt in its promotion. MOS has
been working closely with the game's publisher Ability Games and
Jio for almost 7 months to create a customised version of the game
with exclusive gameplay and features specifically for handsets
across the Jio network and through its Game store.
11 Wickets is a virtual online game of cricket, where the user
gets the opportunity to build a team of 11 players completely of
their own choice. Users can easily create their own team and select
a suitable captain and vice-captain for their fantasy league by
selecting players from the line-ups provided in the real match.
According to a Ficci-EY report, the Indian fantasy sports
industry is expected to reach $2.5 billion in 2022. The industry is
growing at a compound annual growth rate (CAGR) of 32% and is
expected to be worth $3.7 billion by 2024. The user base was around
90 million in 2019, according to a study by the Federation of
Indian Fantasy Sports in collaboration with KPMG.
MOS will generate revenue on a revenue share basis via CPI (cost
per impression) revenue that will be generated by Jio delivering
advertising with the game. More information on the Jio Game store
can be found at: www.jiogames.com/jiogames/aboutus.html .
Tim Scoffham, Chief Commercial Officer Mobile Streams plc,
said:
"We are delighted to announce the launch of 11 wickets on the
Jio network. After 7 months of collaboration between us, the
network and the publisher we are extremely pleased to deliver a
fantastic game and significant revenue generating opportunity into
India's largest network. This is just the next step for the Company
as we continue our expansion:
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as
it forms part of UK Domestic Law by virtue of the European Union
(Withdrawal) Act 2018. Upon the publication of this announcement,
this inside information is now considered to be in the public
domain.
About Mobile Streams
Mobile Streams delivers world class gaming content to a global
audience, through our LiveScores and mobilegaming.com platforms,
our long-standing carrier relationships in countries including
India, Argentina and Mexico, and partnerships with IGS
(International Gaming Systems). Our Streams data insight,
intelligence and visualisation services and marketing optimisation
tools support the content business, as well as serving enterprise
level bespoke clients and the Streams SaaS ("Software as a
Service") self-service platform. Our strategy is to deliver
next-generation content including gaming, Esports and related NFTs
to a global audience.
For further information, please contact:
Mobile Streams plc
Nigel Burton, Adviser
+44 77 8523 4447
www.mobilestreams.com
Beaumont Cornish (Nominated Adviser)
James Biddle and Roland Cornish
+44 (0) 20 7628 3396
Peterhouse Capital Limited (Broker)
Lucy Williams and Duncan Vasey
+44 (0) 20 7469 0930
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCPPUQWQUPPGUW
(END) Dow Jones Newswires
June 23, 2022 06:39 ET (10:39 GMT)
Mobile Streams (LSE:MOS)
Historical Stock Chart
From Apr 2024 to May 2024
Mobile Streams (LSE:MOS)
Historical Stock Chart
From May 2023 to May 2024