Market Overview

NQ Mobile Reports New White Label Pact To Make NQ Mobile Vault

Share:

NQ Mobile (NYSE: NQ), a
leading global provider of mobile Internet services, has reached an agreement
with Mobile Telesystems OSJC ("MTS"), the largest mobile operator in Russia
and the 8^th largest telecommunications brand worldwide, to make NQ Mobile
Vault available to MTS subscribers through a wide ranging "White Label"
agreement. MTS will promote and distribute the product through pre-load, SMS
and social network campaigns, as well as direct at point-of-sale and app store
availability. The collaboration significantly increases the global
availability of NQ Mobile's award-winning mobile privacy product.

"MTS, with its best-in-class networks, market-leading retail platform and the
largest mobile subscriber base in Russia and the CIS is an ideal partner for
NQ Mobile," stated Calvin Cai, General Manager of Overseas Development, NQ
Mobile. "We are delighted to begin our relationship by providing our leading
mobile privacy solution, NQ Mobile Vault™, to MTS' exciting family of branded
handsets and smartphones and look forward to potentially collaborating on
additional opportunities in the near future."

With approximately 60 million subscribers, and a retail network comprised of
approximately 4,000 stores at the end of 2013, MTS is the largest mobile
operator in Russia. Globally, MTS is currently the 8^th largest
telecommunication brand in the world supported by 102.4 million subscribers. 

NQ Mobile Vault, launched in 2012 is available on both Android and iOS
platforms. It ensures users' digital privacy through active control and
on-device encryption of content and communication including contacts, call
logs, SMS, pictures and videos. NQ Mobile Vault for Android and has become a
top app on Google Play with millions of downloads and an average user rating
of 4.4 out of 5 stars.

Posted-In: News Press Releases

 

Related Articles (NQ)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Deutsche Bank Sees New Products As Key For Growth For Juniper Networks

Benzinga's Top Initiations