Mobile Embrace expands into Malaysia

Company News

Mobile Embrace Limited (ASX:MBE) has partnered up with Telenor Group to launch its services in Malaysia.
The m-commerce company announced a deal had been made with one of Malaysia’s leading telecommunications companies.
Under the agreement Mobile Embrace will provide digital products and services billed by direct carrier billing to Telenor’s 12 million subscribers in Malaysia.
The deal is part of Mobile Embrace’s ongoing international strategy. The company partnered with Norway’s Telenor Group in August 2014 and has said it has the capacity to secure similar agreements in a further six countries.
The company recorded a net profit of $3.04 million at 30 June 2015.