Providing secure and seamless access to %TheCloud is this company’s objective—and now they have plans to download their platform directly to 2 million %Smartphones in Mexico.
%MiMediaHoldings () announced in its press release that it successfully integrated and launched in market with América Móvil subsidiary, Telcel Radiomovil Dipsa, S.A. de C.V. the largest telecom carrier in Mexico and one of the largest carriers in Latin America.
MiMedia's plan will be to download its platform directly onto 2 million %Telcel smartphones in Mexico, providing Telcel with its consumer cloud platform, a churn-reducing product, immediate market differentiation and multiple high-margin and recurring revenue streams. In its RTO filing statement, MiMedia previously announced that it had signed a global Distribution Agreement with Telcel.
Shares ended Friday trade up, at $0.26.