REG - Mobile Streams plc - MOS launching virtual cricket game in India on Jio

Mobile StreamsAnnouncement

23/06/2022 11:45

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RNS Number : 9819P  Mobile Streams plc  23 June 2022

23 June 2022

 

Mobile Streams plc

("MOS" or "the Company")

 

Mobile Streams launching virtual cricket game in India on Jio network

 

Mobile Streams plc is delighted to announce that it will be launching a
special customised version of the 11 Wickets cricket game in India on the
country's largest phone network Jio. The game will be available across the Jio
network within the next week to their 400 million subscribers including over
150 million smartphone users who will be able to access the game directly from
the Jio Game store.

 

11 Wickets is a highly popular fantasy cricket game which features the Indian
actor Sanjay Dutt in its promotion. MOS has been working closely with the
game's publisher Ability Games and Jio for almost 7 months to create a
customised version of the game with exclusive gameplay and features
specifically for handsets across the Jio network and through its Game store.

 

11 Wickets is a virtual online game of cricket, where the user gets the
opportunity to build a team of 11 players completely of their own choice.
Users can easily create their own team and select a suitable captain and
vice-captain for their fantasy league by selecting players from the line-ups
provided in the real match.

 

According to a Ficci-EY report, the Indian fantasy sports industry is expected
to reach $2.5 billion in 2022. The industry is growing at a compound annual
growth rate (CAGR) of 32% and is expected to be worth $3.7 billion by 2024.
The user base was around 90 million in 2019, according to a study by the
Federation of Indian Fantasy Sports in collaboration with KPMG.

 

MOS will generate revenue on a revenue share basis via CPI (cost per
impression) revenue that will be generated by Jio delivering advertising with
the game. More information on the Jio Game store can be found at:
www.jiogames.com/jiogames/aboutus.html
(http://www.jiogames.com/jiogames/aboutus.html) .

 

Tim Scoffham, Chief Commercial Officer Mobile Streams plc, said:

"We are delighted to announce the launch of 11 wickets on the Jio network.
After 7 months of collaboration between us, the network and the publisher we
are extremely pleased to deliver a fantastic game and significant revenue
generating opportunity into India's largest network. This is just the next
step for the Company as we continue our expansion:

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK Domestic
Law by virtue of the European Union (Withdrawal) Act 2018. Upon the
publication of this announcement, this inside information is now considered to
be in the public domain.

 

About Mobile Streams

Mobile Streams delivers world class gaming content to a global audience,
through our LiveScores and mobilegaming.com (http://www.mobilegaming.com)
platforms, our long-standing carrier relationships in countries including
India, Argentina and Mexico, and partnerships with IGS (International Gaming
Systems). Our Streams data insight, intelligence and visualisation services
and marketing optimisation tools support the content business, as well as
serving enterprise level bespoke clients and the Streams SaaS ("Software as a
Service") self-service platform. Our strategy is to deliver next-generation
content including gaming, Esports and related NFTs to a global audience.

 

For further information, please contact:

 

Mobile Streams plc

Nigel Burton, Adviser

+44 77 8523 4447

www.mobilestreams.com (https://www.mobilestreams.com/)

 

Beaumont Cornish (Nominated Adviser)

James Biddle and Roland Cornish

+44 (0) 20 7628 3396

Peterhouse Capital Limited (Broker)

Lucy Williams and Duncan Vasey

+44 (0) 20 7469 0930

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