This acquisition will accelerate InternetQ's growth across Latin America, providing an established platform from which to upsell the company's mobile marketing, Akazoo music streaming and Minimob smart advertising services directly to mobile network operators and media brands.
This transaction enables InternetQ to create an immediate platform to provide MobiDialog, Akazoo and Minimob services across an additional 11 countries. InternetQ will issue a trading update for the 12 months ended 31 December 2013 on 20 January 2014.
For the year ended 31 December 2012, Interacel generated revenues of USD 5.18 million (EUR 3.83 million). Interacel is profitable and debt free. The acquisition of Interacel is expected to be earnings enhancing in the current financial year. The significant opportunity for mobile commerce in Latin America is underpinned by Interacel's existing geographic footprint, which includes Argentina, Bolivia, Chile, Ecuador, Paraguay, Peru, Costa Rica, Dominican Republic, Guatemala, Honduras and Nicaragua.
Every day we send out a free e-mail with the most important headlines of the last 24 hours. Subscribe now.
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.
We have been keeping professionals in the telecoms industry up-to-date since 2000. Telecompaper is a well respected, independent research and publishing company focussed on the telecommunications industry.
3995 AA Houten
Phone: +31 30 6349600
Fax: +31 30 6349699
© 2000 - 2015 Telecom.paper BV. All rights reserved.
Telecompaper is a trademark of Telecom.paper BV. No part of this site can be reproduced without
the expressed permission of Telecom.paper BV. Our General Terms and Conditions can be found here.
Terms and Conditions