Swarmio Media Steps Into ASEAN Market With New Agreement
Swarmio Media (CSE: SWRM) is enhancing its distribution within the Southeast Asian market. The firm early this morning indicated it has entered into an arrangement with TM Wholesale, which is the domestic and international wholesale business arm of Telekom Malayusia Berhad.
The agreement, classified as a master collaboration agreement, will see the two firms work together for the provision of both gaming and esports services within the ASEAN region. ASEAN is short for the Association of Southeast Asian Nations, and consists of a total of ten countries including Indonesia, Laos, Malaysia, Singapore, Thailand, Vietnam, the Philippines, Cambodia, Brunei, and Myanmar.
The collaboration will consist of Swarmio gaining access to TM Wholesale’s large network and infrastructure in the region, so as to enable Swarmio to launch its Ember gaming and esports platform with their users. TM Wholesale is also to assist in marketing and distributing the platform to its customer network, as well as its network of major telcos within Oceania, Africa, Asia and the Middle East.
“This collaboration enables us to significantly boost our operations and deliver a high-quality gaming and e-sports service to telco users in ASEAN. We are confident that this will be an impactful and lucrative partnership over the months and years to come,” commented Swarmio CEO Vijai Karthigesu on the development.
Telekom Malaysia Berhad is said to be a leading telecom and digital infrastructure provider within Malaysia, whom as of late has been focused on “Digital Malaysia,” via the offering of a suite of communication services and solutions.
Swarmio Media last traded at $0.22 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.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
