Swarmio Adds Distribution Partner For Gaming Platform In Bid To Expand Middle East Presence

Swarmio Media (CSE: SWRM) this morning expanded its wholesale distribution network. The company has partnered with WestBridge Telecom in a bid to expand its presence within the Middle East and North Africa.

The arrangement consists of a distribution agreement with WestBridge, whom is a wholesale provider of telco products in the US, Asia, Africa and the Middle East. The agreement will see WestBridge work to distribute the Ember gaming and esports platform to its clients, with subscription revenues to be split between WestBridge, participating telco’s, and Swarmio.

READ: Swarmio Media Enters Partnership With UniPin For In-Game Content

“MENA is a priority for Swarmio due to the rapid growth of its gaming market, and the fact that gamers in the Middle East and North Africa have previously been under-served by game publishers and digital content providers due to a lack of access to traditional bank accounts and credit cards. With our e-wallet and Direct Carrier Billing payment channels, Swarmio is finally able to serve this booming gaming community,” said Vijai Karthigesu, CEO of Swarmio.

The region currently is estimated to be host to 377 million gamers, whom are currently underserved, with the region said to be one of the fastest growing gaming markets globally.

READ: Swarmio Media Enters Fresh Collaboration With Tencent Games, Globe Telecom

The Ember product is expected to compliment WestBridge’s current product offerings, which aim to increase the average revenue per user for telecom firms. The company currently offers SMS, Voice, Fintech, and other solutions to such clients.

Swarmio Media last traded at $0.05 on the CSE.


FULL DISCLOSURE: Swarmio Media is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Swarmio Media on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.

Video Articles

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

What Happens If Silver Finally Breaks $50? | Gary Thompson – Silver47

Recommended

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

ESGold Signs MOU For Tailings Project In Colombia With Grades Up To 42 g/t Gold, 280 g/t Silver

Related News

Swarmio Media Enters Partnership With UniPin For In-Game Content

Swarmio Media (CSE: SWRM) has entered into a fresh partnership that is expected to drive...

Thursday, October 27, 2022, 08:31:27 AM

Swarmio Media Receives Investment With Price Conversion Capped At $30 Million Valuation

Just days after announcing a revenue share and wholesale agreement with Apelby Communications, Swarmio Media...

Thursday, September 15, 2022, 09:08:11 AM

Swarmio Media To Begin Trading November 22

Swarmio Media (CSE: SWRM) is set to be the newest issuer on the Canadian Securities...

Friday, November 19, 2021, 08:06:21 AM

Swarmio Launches New Payment Solution For Its Esports Platform

Swarmio Media (CSE: SWRM) is looking to make it easier for consumers to pay for...

Thursday, April 6, 2023, 09:19:51 AM

Swarmio Media Steps Into ASEAN Market With New Agreement

Swarmio Media (CSE: SWRM) is enhancing its distribution within the Southeast Asian market. The firm...

Thursday, March 24, 2022, 07:46:02 AM