0
Mobile & Wireless

InternetQ acquires Interacel to accelerate LatAm expansion

Monday 13 January 2014 | 10:31 CET | News
InternetQ, a global mobile marketing, digital entertainment and advertising technology company, reached an agreement to acquire Interacel Holdings, one of Latin America's fastest growing mobile service providers. Interacel is active in some of the world's fastest growing mobile markets and has direct connectivity agreements with mobile network operators in 11 countries across the Americas. Interacel also holds strategic partnerships with national media companies, including the Albavision network, the owners of multiple television and radio stations across Latin America.

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.



Categories: Mobile & Wireless
Companies: InternetQ
Countries: Latin America
::: add a comment

Add comment

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.






Freeview
(UK) has >50 channels available versus 28 for Digitenne (Dutch equivalent)
Netherlands  |  2014 Q4

Calendar   /   Industry Events

30 Oct Time Warner Cable Q3 2014
30 Oct BT fiscal Q2
30 Oct American Tower Q3 2014
30 Oct CEVA fiscal Q4
30 Oct Teleste Q3 2014
30 Oct Linkedin Q3 2014
30 Oct Megafon Q3 2014
30 Oct Ceragon Networks Q3 2014
30 Oct Inteliquent Q3 2014
30 Oct Brightcove Q3 2014
30 Oct Intelsat Q3 2014
30 Oct Samsung Electronics Q3 2014
30 Oct InterDigital Q3 2014
30 Oct Ikanos Communications Q3 2014
30 Oct Pctel Q3 2014
30 Oct Opera Software Q3 2014
30 Oct MaxLinear Q3 2014
30 Oct Crown Castle Q3 2014
30 Oct Alcatel-Lucent Q3 2014
30 Oct Telematics West Coast
31 Oct Ntelos Q3 2014
31 Oct HTC Q3 2014
31 Oct KDDI fiscal Q2
31 Oct NTT Docomo fiscal Q2
31 Oct Sony fiscal Q2
31 Oct TDC Q3 2014
03 Nov TelecityGroup Q2 FY2014/15
03 Nov Ruckus Wireless Q3 2014
03 Nov MVNO Networking Congress
03 Nov RAN World
::: More Calendar Items