MOS launch Electroneum Cryptocurrency in Argentina

RNS Number : 6106A

Mobile Streams plc

13 September 2018

 

Mobile Streams plc ("Mobile Streams" or the "Company") (AIM: MOS)

Mobile Streams launch Electroneum cryptocurrency in Argentina

Mobile Streams, the emerging markets focused mobile media company, today announces the launch of Electroneum, the world's first enablement cryptocurrency, on one of the leading telecom operator channels in Argentina.

Mobile Streams, a global company specialising in mobile content, have partnered with Electroneum to provide its customers an option to generate cryptocurrency from their services which can then be used to make online purchases, or, exchanged for standard currency. In addition, Mobile Streams will earn revenue in line with customers" rewards.

Simon Buckingham, CEO of Mobile Streams said: "We are very happy to launch the Electroneum product in Argentina, with the current economic instability in the region, the opportunity for customers to generate money through the mobile miner will be a positive enhancement to our live services."

Richard Ells, Founder and CEO of Electroneum, said: "We're delighted to be partnering with Mobile Streams to launch in Argentina. This is a key territory for us as we look to move towards mass adoption and enable more people to live better lives."

"Mobile Streams' ability to connect people will be crucial for us as we look to grow our global user base and give more people access to cryptocurrency through their mobile phones. They're a fantastic team and hopefully our launch in Argentina is the first of many ventures weÕll undertake together."

Enquiries:

Mobile Streams plc		[phone]
Simon Buckingham, Chief Executive Officer
Nplus1 Singer Advisory LLP (Nominated Adviser and Broker)		[phone]
Mark Taylor

Notes to Editors

About Mobile Streams

Mobile Streams is a public limited company, listed on the AIM exchange (MOS). Founded in 1999, it specialises in licensing, retailing and distributing mobile content globally.

About Electroneum

Electroneum has coined the phrase 'enablement currency' as it is going to enable a new 3 trillion dollar market by allowing over 350 million smartphone users in the developing world to enter the digital market for the first time.

 

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