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MGM Wireless Announces March Quarter Business Update & UK Launch, Record Sales

30th April 2019 – Technology company MGM Wireless Limited (ASX:MWR) (‘MGM’ or ‘the Company’) today announces strong post-Christmas sales momentum and revenues for the March quarter for its SPACETALK all-in-one smartwatch, phone and GPS device.

Commenting on the results MGM Wireless chief executive Mr Mark Fortunatow said:

“March quarter sales are seasonally the slowest for the year in the consumer electronics industry so we are absolutely delighted with these record results. We are also particularly pleased to see via social media, through growing subscriber numbers and low churn rates that customers who bought a SPACETALK leading to Christmas are overwhelmingly positive about their purchase.

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