Globo signs new contract with European mobile network operator

Globo, an international mobile solutions and software as a service (SaaS) provider, has scored a new contract with a Tier-1 European mobile network operator (MNO), for the commercial launch of its GO!Enterprise service.

Globo, an international mobile solutions and software as a service (SaaS) provider, has scored a new contract with a Tier-1 European mobile network operator (MNO), for the commercial launch of its GO!Enterprise service.

This is the second contract of its type and will target the commercialisation of both GO!Enterprise Office (secure e-mail, files, messaging and personal information management) and GO!Enterprise Mobilizer (development of mobile apps that connect to enterprise systems).

The launch is set to happen in Janaury and will be provided on a recurring monthly subscription per device.

Chief Executive Officer Costis Papadimitrakopoulos, said: "This new Tier-1 MNO contract win is a result of Globo's continuous investment and successful commercial efforts and we expect that it will act as a catalyst for other new MNO contracts in the near future."

He added: "The recent divestment from our Greek operation shows our strong commitment to international expansion and the current trading picture provides solid evidence that Globo has all the elements for becoming a leader in its markets.

"We couldn't expect a better way to end 2012 than securing a contract with such a significant MNO, and we are confident that 2013 will be a year of strong growth for our enterprise mobility business, driven by BYOD demand and increased awareness about Globo's GO!Enteprise solution."

The group also said that it is confident GO!Enterprise will "evolve into one of the major drivers of our future growth" and revealed that it expects to announce several direct customers and partner deals soon as a result of its launch in the US in October.

The share price rose 4.46% to 20.50p by 09:39.

NR

Recommended

Share tips of the week – 15 October
Share tips

Share tips of the week – 15 October

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
15 Oct 2021
Trading: stash the family cash in this cheap wealth management firm
Trading

Trading: stash the family cash in this cheap wealth management firm

Wealth management is a growth market. Rathbone Brothers should be a prime beneficiary – and looks cheap. Matthew Partridge explains the best way to pl…
12 Oct 2021
What the best-performing investment trusts of the past 20 years can teach us
Investment trusts

What the best-performing investment trusts of the past 20 years can teach us

Forty-two trusts have risen more than tenfold over the last two decades. What made the winners stand out? And how can we identify future outperformers…
12 Oct 2021
Activision Blizzard: a cheap play on videogames
Share tips

Activision Blizzard: a cheap play on videogames

Videogame maker Activision Blizzard has been in the news for the wrong reasons lately. But it has a bright future, says Stephen Connolly.
11 Oct 2021

Most Popular

How to invest in SMRs – the future of green energy
Energy

How to invest in SMRs – the future of green energy

The UK’s electricity supply needs to be more robust for days when the wind doesn’t blow. We need nuclear power, says Dominic Frisby. And the future of…
6 Oct 2021
Inflation is still one of the biggest threats to your personal finances
Investment strategy

Inflation is still one of the biggest threats to your personal finances

Central bankers and economists insist inflation will be gone by next year. We're not so sure, says Merryn Somerset Webb. So if you haven’t started to …
1 Oct 2021
How to invest as we move to a hydrogen economy
Energy

How to invest as we move to a hydrogen economy

The government has started to roll out its plans for switching us over from fossil fuels to hydrogen and renewable energy. Should investors buy in? St…
8 Oct 2021