News and Announcements
iSentric Expands Into Myanmar & Completes Two New Deals in Indonesia
- Published June 01, 2016 2:10PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
1st June 2016, ASX Announcement
Highlights:
- Building on its success in Indonesia and Malaysia, iSentric has entered the rapidly growing Myanmar market. The company will market and distribute Digital Media Services to Myanmar’s largest telco MPT, a business with a user base of 20 million
- Continued launch of premium media content in Indonesia with the release of “THE FREAKS” album, which is being distributed broadly by KFC stores
- Collaboration with VONVON, a Korean internet media company that creates viral content, to market exclusive artist content, to market exclusive artist content to 70 million Indosat Ooredoo and XL subscribers, with approximately 200,000 paying subscribers to date
In line with their growth strategy, iSentric Limited (“iSentric” or “The Company”) is successfully expanding in their target South East Asian markets, benefiting from the substantial opportunities to market premium digital media content in countries with large and growing numbers of internet users.
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