logo-loader
Mobile Streams PLC

Mobile Streams seals India deal with CoolGames

The gaming firm said it had gained subscribers at an encouraging rate, reaching over 6mln subscribers since launch, in recent months

1542968550_shutterstock_229132183.jpg
Mobile Streams has sealed a deal to provide its HTML5 services to third-party companies in India

Mobile Streams (LON:MOS) said it had reached an agreement with CoolGames to provide its HTML5 services to third-party companies in India, sending its shares rocketing.

Mobile Streams launched the HTML5 games service mobilegaming.com in 2015, with the Indian service in 2016. The services feature over 300 titles including racing and puzzle games.

READ: Mobile Streams narrows loss but revenues drop amid tough market conditions

CoolGames makes mobile gaming content available outside of the traditional marketplace and app stores.

Mobile Streams said it had gained subscribers at an encouraging rate, reaching over 6mln subscribers since launch, in recent months.

“We are very happy with the performance of our HTML5 games store since launching in India in 2018,' Mobile Streams CEO Simon Buckingham said in a statement.

“We are very appreciative of the support and expertise CoolGames have provided and expect the partnership to flourish in the future,” he added.

Shares in Mobile Streams were 34.3% up at 1.01p in mid-morning trade.

Quick facts: Mobile Streams PLC

Price: £0.00

Market: AIM
Market Cap: £281.51 k
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Rockfire Resources' David Price discusses Brigalow Alluvial...

Rockfire Resources PLC's (LON:ROCK) David Price tells Proactive London's Andrew Scott they've been getting a better understanding of an alluvial gold deposit next one of their main assets in Queensland. Calculations made in 1986 on an area known as Brigalow Alluvial Goldfield has suggested...

5 hours, 30 minutes ago

2 min read