Flexiroam Launches 4G Network in 56 Countries
Perth, Aug 12, 2016 AEST (ABN Newswire) - Flexiroam Limited (
ASX:FRX) is pleased to announce that its flagship data roaming product, FLEXIROAM X, currently offers 4G networks in 56 countries and territories, increasing its data connectivity speed. Flexiroam has also increased its data coverage to 130 countries compared to the 100 countries announced previously. Since its launch 2 months ago, the product has received positive market response with 62.2% downloads to users conversion rate. Backed by aggressive marketing campaigns, Flexiroam has facilitated distribution of 43 Terabytes of roaming data.
Key Highlights:
- More than 43 Terabytes of data distributed in acquiring new subscribers.
- Flexiroam expands its 4G coverage to 56 countries and territories.
- Flexiroam extended its data roaming coverage to 130 countries.
Flexiroam X was launched to fill the market gap for affordable data roaming. Data roaming has become a necessity with over 88% of travellers having identified that their smartphone is the top must-have device when travelling. It follows that most travellers will require data on the go to access their apps to communicate, navigate, search reviews, social media and translate whilst in a foreign country. Presently, FLEXIROAM X is subscribed by users in 45 countries around the world.
View Flexiroam X Registrations by Country (June - July 2016) in Figure 1, in link below.
Flexiroam's move to offer 4G connectivity in 56 countries and territories is aimed at ensuring all users have access to speedy and stable data even overseas. Jef Ong, Managing Director adds "We are proud with this improvement as it is in line with our vision to be the leading mobile provider with lowest data rate, fastest network and widest coverage."
The outlook for World travel trends in 2016 remains healthy with a further growth of 4.3%. The global travel growth is driven by Asia Pacific where Flexiroam has foothold. Collectively, the countries in which Flexiroam X offers 4G connectivity recorded over 800 million inbound travels in 2014, with China ranked 4th most visited destination. In 2015 alone, China reported circa 133 million inbound travellers. With growth in world travel and data demands, Flexiroam aims to acquire a significant amount of users. According to Jef Ong, "The asset light business model of Flexiroam enables us to scale to different countries around the world without having to invest heavily in capital expenditure. We will continue to be aggressive in subscriber acquisition to enlarge our customer base from different parts of the world."
List of countries with Flexiroam 4G:
Albania, Antigua & Babuda, Australia, Austria, Belgium, Canada, Cayman Islands, China, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Ghana, Greece, Hong Kong, Hungary, Ireland, Isle of Man, Israel, Italy, Japan, Latvia, Lithuania, Luxembourg, Madeira, Malaysia, Malta, Netherlands, New Zealand, Norway, Philippines, Poland, Portugal, Puerto Rico, Romania, Russia, San Marino, Sardinia, Saudi Arabia, Sicily, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, Turks & Caicos, UK, US Virgin Islands, USA.
To view tables and figures, please visit:
http://abnnewswire.net/lnk/K5636340
About Flexiroam Ltd
FLEXIROAM Limited (ASX:FRX) is a leading telecommunications company offering universal voice and data services for mobile users globally. Its flagship data roaming product, FLEXIROAM X has coverage in over 100 countries with 4G speed in over 56 countries. FLEXIROAM is an asset light telecommunications company that does not own physical infrastructure yet is able to connect to around 580 network operators globally. FLEXIROAM aspires to be a household name in borderless mobile broadband service in Asia and beyond. Please visit https://www.flexiroam.com
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